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optical elusion

06/12/09 12:47 PM

#4962 RE: irondog #4961

yeah looks that way. got some fives today and i'm pretty happy about it. interested in seeing what happens with this'n.

realnewsinc

06/12/09 1:06 PM

#4964 RE: irondog #4961

Yeah, just need to call your broker to see how many days it takes from the buy to be "on record". I know that for TD it's 3 days, so the buy needed to be on Monday.

Here's the link for settling shares (SEC):
http://www.sec.gov/investor/pubs/tplus3.htm

Here's the link for dividend information (SEC):

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

Best thing to do is call your broker to see what day you would have needed to buy the stock to be "on record" with the company for the dividend since they are the ones responsible for settling shares.