So if I read it properly, it says this Friday is ex-dividend in XIN.
In Google Finance it shows the divvy marker sitting on the start of Wednesday session.
I thought it might be because clearing/settlement takes 3 business days.
Normally it would not be much of an issue for me, as I've been holding it for a while now, but it so happens that I have attempted to flip XIN that day - I sold it at 6.23 Wednesday morning (after the open) and bought it at 6.04 today.
so the question is, am I eligible for the dividend? or is it only the ones who had the shares as of the close of Wednesday?
question is if that means whoever was holding the shares at the end of Tuesday, or at the end of Wednesday? I guess it depends on if Wednesday trades are settled Friday before or after dividends are allocated...