The "owners of record" day is set for February 29, the ex-dividend date is usually two days before or February 27. Today would be the last day to buy. I looked at the example of PVX where both dates were announced to come up with this assumption. Anyone know for sure if "ex" date is Monday?
Here are a couple of links that may help you understand the ex and declaration dates. Generally it takes 3 trading days for your purchase of shares to be completed by the exchanges. Hope this helps dat
Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $.164216 per unit, payable on March 14, 2012, to unit holders of record on February 29, 2012. Permian's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.pbt-permianbasintrust.com/.