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 Stock Market V36: Return of the Bull, Part IV, Bull defies Newton's Law of Gravity

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my_cat
post Jul 29 2009, 11:16 PM

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QUOTE(cherroy @ Jul 30 2009, 01:56 AM)
Wrong already.

If ex-date is 29, buy at 29, you won't get the dividend.

Want to get the dividend, must buy at 28 and hold overnight and sell at 29, then you will get the dividend. They will look for shareholders on 28 5.00pm (after market closed).

Added on July 29, 2009, 10:57 pm

You will be entitled the dividend even sell today.
*
This also wrong,shud be 31. the shareholder list will be checked on entitlement date, which is usually 2 day after ex-date.
my_cat
post Jul 29 2009, 11:31 PM

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QUOTE(Mikiyo @ Jul 30 2009, 02:27 AM)
huh?!?!?! im getting confused again! so....i must hold until 31st of july?
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No no no, sorry for confusing u. u juz need to hold till 29.
coz T+3, for those buy on 28, their share will only in the CDS account on 31, so shareholder list will be checked only on 31st after 4pm or 5pm.
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