What date to I need to hold my shares if I am to recieve the next divided, I got the following info from the companies website:
This dividend will be payable on March 14, 2007 to those members whose names are on the Register on February 9, 2007. The shares become ex-dividend on February 7, 2007.
If I sell them today, will I still recieve the dividend?
2007-02-20 00:44:04 · 5 answers · asked by jeff lemon 1 in Business & Finance ➔ Investing
If you sell the shares on or after February 7, then you will get the dividend. If you bought it on or after that date, then you will not.
Owners of record on the 9th get the dividend. But when you trade, it takes a couple of days to settle. So -- someone who sells on the 7th will still be the owner of record on the 9th. If you sold on the 6th, you would no longer be the owner of record on the 9th.
The ex-dividend date is the day that it starts trading without the dividend. So -- if you buy on the 7th, you are buying it ex-dividend (without dividend).
If you sell them today -- you will get the dividend.
2007-02-20 06:15:05 · answer #1 · answered by Ranto 7 · 1⤊ 0⤋
Yes. The record date was Feb 9 and your name was on the list so you will recieve the dividend
2007-02-20 09:07:57 · answer #2 · answered by Mike 2 · 0⤊ 0⤋
if you held the shares from february 7 to 9th then the dividend is paid for even if u sold the shares on 10th..
2007-02-20 09:36:23 · answer #3 · answered by heartly r 2 · 0⤊ 0⤋
Taranto's answer is exactly right, the stock is already trading ex-dividend so you'd still receive it.
2007-02-20 17:04:52 · answer #4 · answered by Anonymous · 0⤊ 0⤋
NO
2007-02-20 10:33:38 · answer #5 · answered by Sekhar 2 · 0⤊ 1⤋