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binzur

11/30/06 7:10 PM

#4679 RE: bad1968ss #4676

It is not info! I was so confused I asked;
Sent By: binzur Date: 11/28/2006 4:35:35 PM

So let me make sure I understand the Dividend. Owner of record December 1 means you needed to own the stock today so it would show in your account on December 1. Paid out on December 15th.
Thanks
Binzur

Reply was I am not sure! LOL!

There was one post that really provided the best explanation I read on Tuesday. I will try to find the post!

Still and not completely sure!
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binzur

11/30/06 7:25 PM

#4682 RE: bad1968ss #4676

Here is a link that explains it fairly well.

http://www.investopedia.com/articles/02/110802.asp

According to this you needed to own the stock Tuesday, not sell it until today and you are the owner of record and will receive the dividend after the close on Dec. 15th.

Many others don't agree with this so you can call your broker, keep researching and make your own decision.

My best answer for you is I am still not completely sure! LOL!

GLTY