FirstEnergy Corp. Message Board
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Exactly one week to go for X-DIVIDEND Date!
Looks like it's going to be February 3rd for the x-dividend holdings date.
INFO: In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date.-
Just to clarify.. If FE was bought today would you make the ex-divi?
I assume not since it's dropping in PPS..- 1 Reply to russ69v
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This is what FirstEnergy said about the Dividend Pmt.
If the merger is not completed before the payment date of March 1, 2011, the full 55 centper-
share dividend would be payable on March 1, 2011, to shareholders of record at the close of
business on February 7, 2011.
FEB 7TH IS "KEY" TO dividend payment.
Full Story:
http://www.firstenergycorp.com/NewsReleases/2010-12-21%20FirstEnergy%20Corp%20Declares%20Common%20Stock%20Dividend.pdf
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I got my target price & sold for $40.75 not waiting for the divi this time around..
GL longs!!!
I'll be back if the market corrects... -
- 1 Reply to get_imaginary
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2/7 is record date. xd is usually 2 to 3 days before that. If you own on xd you get div.
Most likely xd is third.
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if you sell on ex-divy date, you still get the divy.
- 1 Reply to tuckerman99
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No, You'll lose the Dividend if you sell on the 7th of February. If AYE is incorporated into First Energy before the 7th of February, you will have two separate dividends paid to you as long as you are on the records after the market closes on the 7th of February.
More info:
http://www.firstenergycorp.com/NewsReleases/2010-12-21%20FirstEnergy%20Corp%20Declares%20Common%20Stock%20Dividend.pdf
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