Cut/paste a reply to one of my postings a couple weeks back. You need to be a stockholder by tomorrow.(2/29) Then hopefully you will see the dividend shares in your broker account by early next week.
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Posted by: penny_ta
In reply to: FogCity who wrote msg# 27672 Date:2/14/2008 5:45:22 PM
Post #of 28861
** UHCR - that's the key point here...
People sold thinking they got their dividend. They were wrong.
Ex-dividend date is March.3, so you have to hold through Feb.29.
Ironically, current buyers will get the dividend from the sellers. All shares bought until Feb.29, come with an attached dividend.
Why investors dont realize this and try to capitalize, is beyond me. Then again, most huge runs are not recognized early on.
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