I just spent a lengthy conversation with the Dividends legal dept at schwab and the rep from motorola was correct. Different rules apply to this Dividend/split the X-Day is set by nasdaq
and because of the dividend being greater than 25% of the value of the common stock as today the x-day will be the following business day of the actual dividend payout which is the 3rd of Jan. My understanding as told all MOT stock being sold right now comes attached with due bills. In buying back my shares I am also purchasing the due bills also. Normal rules of day of record do not apply. You should ask you Broker for an explanation yourself before making a decision. I had 6000 shares I sold on the 22nd and now I bought them back. I'm running with the idea and knowledge I gathered from motorola and Schwab Dividends legal dept. Don't take my word for it check yourself as I always do.
Cheers Happy New Year!
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