Replies to post #428 on insane dividends

[OCwave]

Always do DD even if etrade has a date. Sometimes they put the record date up by accident. Rule of thumb I use is buy a week before because the pps normally goes up the amount of the div during the week. You have to buy the stock 3 days before the record date T+3 on the ex date the pps trades at post div and you can sell on the ex date and still get the div. If you buy on the ex date or after you won't get the div. The next ex date is 3/11/10.