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PRAE

02/21/08 5:19 PM

#97986 RE: strongtower #97980

Thanks strongtower. That clears that up. Makes sense too. Ex-div date, record date (ex-div date + 3) and pay date (date div is paid).

In this case we have an ex-div date, record date but no pay date. However the question still remains - do you need to be holding stock on the pay date to receive the dividend?