InvestorsHub Logo

hweb2

03/09/16 12:00 PM

#283 RE: longmike2 #282

No stocks trade ex-dividend before the dividend date. MNDO dropped by .27/share yesterday due to the dividend. People buying today do not get the dividend. But they're able to get the stock .27/share cheaper. The people who were holding into yesterday's drop will get paid .27/share on 3/24/16. Make sense?