InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,903.51
(
0.17%
)
US TECH 100
20,061.20
(
0.30%
)
Dow Jones
43,252.56
(
-0.32%
)
Brent Oil
72.85
(
-0.12%
)
Bitcoin
92,423.66
(
2.07%
)
Post# of 16316
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Hugh Jass

Send PM Follow Ignore
Followers 1
Posts 524
Boards Moderated 1
Alias Born 08/07/2008

Hugh Jass

Re: fourkids_9pets post# 13641

Friday, 05/08/2009 10:56:20 AM

Friday, May 08, 2009 10:56:20 AM

Post# of 16316
Greedy is saying it correctly:

Step 1: Company pays T/A
Step 2: T/A pays brokerages


Not what you are saying:

Step 1: T/A pays brokerages
Step 2: T/A sends Company a bill for dividend

... if the latter were the case, I don't think there would be any way for the brokerages to remove the divi from investor's accounts... it just doesn't make sense...

From your quote from Vivina, it is obvious she was describing the former.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up