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Re: chesstime post# 99141

Friday, 03/11/2011 12:17:53 PM

Friday, March 11, 2011 12:17:53 PM

Post# of 173013
I am responding to your question regarding the dividend of XXXX a spinoff of XXXXXXXXXXXXX.



There was no ex-dividend date for this dividend spinoff, however there was a record date. The record date was 7/31/2010. Stocks take 3 business day to settle. You would need to purchase shares on or before 7/27/2010 to be eligible for the dividend.



Please let us know if we may be of further assistance.



Sincerely,

Brady R.

National Service Center | Scottrade, Inc.