Replies to post #91299 on NSAV Holding Inc (NSAV)

[PayDirt!]

It takes 3 days to settle account. That when you officially own them. Any time after who ever sells them still owns the divi.

I believe this to be true,,Anyone else.


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[Major Profits]

Incorrect. The information is right here:

https://www.sec.gov/fast-answers/answers-dividenhtm.html

To determine whether you should get a dividend, you need to look at two important dates. They are the "record date" or "date of record" and the "ex-dividend date" or "ex-date."

When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.

Once the company sets the record date, the ex-dividend date is set based on stock exchange rules. The ex-dividend date is usually set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.

Also here, as PayDirt! posted:

http://www.investopedia.com/terms/e/ex-dividend.asp

Investors need to buy the dividend-paying stock at least three days before the record date, since trades take three days to settle. Since the ex-dividend date is usually set two business days prior to the record date, investors need to own the stock one day before the ex-dividend date to receive the dividend.

However, this could change on September 5 because the settlement date will become T+2, instead of the T+3 as it is now.

https://www.sec.gov/news/press-release/2017-68-0

$NSAV