Replies to post #122529 on Ifinix Corporation (INIX)

[wallymac]

I guess people just don't like to read solid DD.

I have posted DD with links regarding Dividends and Forward Splits. People who buy prior to the Ex-Dividend date get the shares. The Ex-Dividend date rules not the Record Date.

FINRA decides what the Ex-Dividend date will be once they approve the split. The Ex-Dividend date will always be a date that comes after the approval. Therefore anyone that sells their stock before the Ex-Dividend date will not get the shares. Only people that actually own shares on or after the Ex-Dividend get shares.

Look back at my posts and you will see the links to FINRA and SEC rules regarding Dividends/Forward Splits.