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Re: Mr. Bill post# 44924

Wednesday, 05/18/2005 8:05:42 PM

Wednesday, May 18, 2005 8:05:42 PM

Post# of 285861
That might fit. While it's the seller's responsibility if he cannot or will not deliver the shares hopefully whomever acted for him is then obligated.

"If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares."


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