ARMOUR Residential REIT Inc (ARR)

[Porgie Tirebiter]

I didn't say record date was worthless... I said it's meaningless for the purpose you described.

If you buy the stock at the close the day before ex-dividend, and sell it at the open on ex-dividend then you get paid the dividend. There is no need to hold it until the record date.

Here's a link to Investopedia: http://www.investopedia.com/articles/02/110802.asp

It's free. I wouldn't think of charging those who might need help understanding the markets.