Fri, Aug 29, 2014, 11:13 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Abbott Laboratories Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • ken_ginsberg ken_ginsberg Jan 12, 2011 4:13 PM Flag

    When does 44c gets subtracted from the share price?

    If you are short the stock on ex-date you will have to pay the dividend to whomever you borrowed stock from to short it, since they are the "real" owners of that stock. You will pay that out in cash and depending on your tax status it may or may not be deductible in full or in part. If you cover on ex-date, you were effectively short on ex-date, you needed to cover the day before ex-date to not have to pay the dividend owed.

    HTH.

    Ken

 
ABT
42.24-0.11(-0.26%)Aug 29 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.