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Re: A deleted message

Tuesday, 11/27/2012 12:29:18 PM

Tuesday, November 27, 2012 12:29:18 PM

Post# of 31300
Gump...Looks like the shareholders of record do get them.....

The chain of events that begins on the payment date works like this: The dividend is first paid to the shareholder of record, then, on the due bill settlement date, which is commonly two trading days after the ex-date, the dividend is withdrawn from the account of the shareholder of record who sold the shares during the due bill period and is then paid to the shareholder who bought the shares during the due bill period.



But then they are taken away if they were sold after record date.

1. The record date determines which shares receive the dividend.

2. The ex-dividend date determines which shareholders receive the dividend.


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