let me get this right..i need to hold onto ctl until 3/6 to get my dividend..then i can sell?? or will they pay if i sell ahead of that date ?? i've owned it for 6 months..thx all !
Possess March 2nd get paid 72 cents per share March 16.
Your ownership must be listed on the CTL books at the close of business on 03-05-2012 to receive the current declared dividend to stockholders. LISTED ON THE COMPANY BOOKS on the ex-dividend date means 'no dividend.' Hope this helps.
When will the dividend be paid.Thanks
You do realize that CTL will drop by about the amount of the dividend on the open on ex-dividend date don't you? No free lunch on Wall Street.The others are correct, the dividend goes to everyone that owns CTL at the end of the day before ex-dividend day, aka ex-dividend EVE.
You're misinformed.You can sell tomorrow and still get paid the dividend.No need to wait until 3/6 before you sell. 3/2 is ex-dividend (buying without gettting paid the dividend). Someone else can chime in to verify.Lucky you - bought 6 months ago at lower price, say, 33-35, for capital appreciation. + dividends.CTL near nose-bleed level...43-45 might be peak some time in March. All stocks had great run off October 2011 lows.
thx everyone 4 clearin that up