someone please advise me. I held thru the 28th and wish to sell today for a short time. Do I RECEIVE the dividend in Dec? Thanks for any help.
To receive the div you need to be long settled stock 11/30. If you sell today it won't settle for 3 business days i.e.12/1. The dividend is really a wash though in that the stock opens lower by the amount of the div 12/1 "unchanged".
Ok, I think I caught the dividend. I bought on 11/27. Three days settled today, so I'm "on record," right?Thanks for your explanation regarding the drop in price tomorrow at open. I might not have noticed the "unchanged."I'm retired and looking for income.
thanks, I believe I now understand