InvestorsHub Logo

hegem0n

11/25/14 9:36 AM

#48706 RE: HeedTheChief #48704

buy today and still get the dividend!

if the holiday means nothing since it's kind of back office stuff anyways?

then buy more today!

Jaybay

11/25/14 9:37 AM

#48708 RE: HeedTheChief #48704

You are correct. I'm an investment broker and I have to explain this to my clients all the time.

Think about it this way... If you are looking at a calendar and you reach the ex date, it's too late. You have to purchase BEFORE the ex date to qualify for dividend. Think of the "ex date" as a big X meaning that you are EXEMPT from the dividend now.

My book of clients exceeds 2 billion dollars so you can trust my explanation is accurate