Replies to post #13955 on Blackout Media Corp (BKMP)

[Billybob_TX]

We had this discussion a long time ago. If no ex-date is set, the record date becomes the de-facto ex-date. Call your broker and learn.

[Jim Bishop]

They aren't guessing at the pay date, it's set by Naz and was published on the Other OTC Daily List. No guessing involved.

You are correct of course on the record date, except when not quoted ex, record date becomes effective ex date.

[Sean2000]

Who cares? The majority here don't give a $hit about the divy, it will look nice in the account but that's it...

[Harry von Zell]

I'm feelin' the Love....

[sojourner]

Dividend primer-->

The Important Dates of a Dividend
There are four major dates in the process of a company paying dividends:

* Declaration date– This is the date on which the board of directors announces to shareholders and the market as a whole that the company will pay a dividend.

* Ex-date or Ex-dividend date– On (or after) this date the security trades without its dividend. If you buy a dividend paying stock one day before the ex-dividend you will still get the dividend, but if you buy on the ex-dividend date, you won't get the dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared you need to sell on (or after) the ex-dividend day. The ex-date is the second business day before the date of record.

* Date of record– This is the date on which the company looks at its records to see who the shareholders of the company are. An investor must be listed as a holder of record to ensure the right of a dividend payout.

* Date of payment (payable date) – This is the date the company mails out the dividend to the holder of record. This date is generally a week or more after the date of record so that the company has sufficient time to ensure that it accurately pays all those who are entitled.


http://www.investopedia.com/articles/02/110802.asp

[MABOM]

Do you know how, when, or even where we get our certs?

What do we need to do?

Thanks, I've never had a divy before.