InvestorsHub Logo
Followers 15
Posts 1422
Boards Moderated 0
Alias Born 12/06/2003

Re: CraigT23 post# 16131

Monday, 08/31/2009 1:46:19 AM

Monday, August 31, 2009 1:46:19 AM

Post# of 162652
They mentioned in post 15426 reference
that the dividend is normally sent out
a week or more after the record date.


"Date of payment (payable date) - This is the
date the company mails out the dividend to the
holder of record. This date is generally a week
or more after the date of record so that the company
has sufficient time to ensure that it accurately pays
all those who are entitled."


Checked a couple of companies who had paid stock
dividends and they both put their payable dates
about 2 weeks after the record date.

(Didn't check the rule on FINRA)


All my statements are expressions of opinion and are not meant to be either
investment advice or a solicitation or recommendation to buy, sell, or hold securities.


Hey! come out and have some fun