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Re: jcwillis post# 655

Thursday, 08/15/2013 11:29:09 AM

Thursday, August 15, 2013 11:29:09 AM

Post# of 1887
The settlement date has no bearing on receipt of dividends. But the stock before the distribution is extracted and you get the payoff. Forget about settlement date, record date---they apply only to the transfer agent. We retailers simply need own our positions by the close of ex-div. day eve.

Jugs