Replies to post #5349 on Reverse Split Round Up Share Plays

[J T]

cash divys , record date is usually after xdate

stock divys , splits its usually before

Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).

http://www.sec.gov/answers/dividen.htm

[TEX]

here's the thang. IF there's an ex-date published on the Daily List...

...none of that extraneous stuff matters, by rules n regs.

the crucial date, regardless of any "formulas" or "definitions," is the ex-date. Companies in PRs and brokers in e-mails and over the phone screw this up time and again, over and over.

By rules n' regs, you buy before the ex-date and you're entitled to or stuck with whatever the corporate action is.

Any given split, divvy, whatever that doesn't go by that is wrong.