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rickochey

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rickochey

Re: tradernator post# 6

Saturday, 09/01/2012 9:08:06 AM

Saturday, September 01, 2012 9:08:06 AM

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Sorry for my last short explanation. A dividend pays you the money it received on earnings. If you buy the stock at $10 and it goes to $15 and you receive the dividend and you decide to sell the stock you sell it at YOUR buy price of $10. You took the dividend instead of the stock value. You only need to hold the stock 1 day BEFORE the pay-out date not 60 like I said earlier.
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