what day do you have to own to get mar div? or is it too late?
thanks
Use the following website link for ex-dividend and payable dates:
http://www.dailyfinance.com/quotes/pdl-biopharma-inc/pdli/nas/dividends-splits
One can already see the effect of the x-divy date in the drop in pps in pre-market trading.........
Salty
Bottom line. What is the Ex Dividend Date? Buy it the day before that and you will be good. Buy it on or after and you are out of luck. So, anyone know the Ex Date? for sure, don't guess. PDL web site - nothing
Broker Verified: "Latest" published Ex Date March 11. Buy by the 10th to get the divi.
INCLINE VILLAGE, Nev., Jan. 28 /PRNewswire-FirstCall/ -- PDL BioPharma, Inc. (PDL) (Nasdaq: PDLI) today announced that it will pay two special dividends to its stockholders in 2010. Each of the dividends will be $0.50 per share. The first special dividend will be paid on April 1, 2010 to all stockholders who own shares of PDL on March 15, 2010, the Record Date. The second special dividend will be paid on October 1, 2010 to all stockholders who own shares of PDL on September 15, 2010, the Record Date.
Stockholders desiring to purchase shares with rights to the special dividend must ensure that their trades are executed prior to the "ex-dividend" date and settle prior to the Record Date. NASDAQ will establish an ex-dividend date that is generally three business days prior to the Record Date. You should consult with your broker or financial advisor regarding your specific situation.
SO YOU NEED TO SOON TO GET .50 per share and it is selling for just over $7. If you buy next week it is too late. wanted to make it clear and easy.