Replies to post #45441 on Grupo Resilient International Inc (GRUI)

[WardOffMonkey]

The record date is the 13th, but the ex-dividend date is the 11th. SEC generally sets the ex-dividend date 2 days before the date of record. Anyone buying inside of that time frame might not have settled under the 3 day settlement rules, and therefore might not technically have the stock confirmed under their name/account. Actually I was a day off, because any trades acquiring shares before the ex-dividend date will qualify for the dividend if still held at the date of record, and any shares purchased on the ex-date or later will not.

[emilson]

When I look at my purchases on stocks. The day I buy lets say is the 10 of October, settlement date is the 13th three days later. I don't own the stocks till the 13th.

Therefore I would say you have to buy on the 10th of Oct to get the Dividen.