depends on the broker, fidelity buys for 3 days in advance- then uses an avg. price. vanguard goes off the13 th. you win some ,you lose some months. call your broker and ask them. the story does change. this stock will be in the 27/ 32 range all year. to much resistance going forward. if you like the div. stick with it.
did a little checking on when and how the reinvestment works. fido purchases the shares 3 days before the div. pay date and vanguard will purchase the shares on the opening of the pay date. i think sometimes you win or lose.
cwamember , if would please check on what price was last month - 1/17/14 - fido reinvested at $31.07 , which looks like a pretty good number. thanks
anyone else have different number? fido was at $31.98. will call on tues. to hear their story. $0.87 -that's a pretty good spread.
do ever wonder where or how they come the reinvestment price on dividends. i have ask a few brokerage firms that question and i always get a different answer. the most common is they go back 3 days and come with an avg. price. i like that one. but, with fido i paid $ 32.00 for my shares today. it was above 32 0n 2/11 for a while, but close under 31. go figure.
linn/lnco are not MLPs.,their are an LLC. set up to be tax as a partnership. reits fall in the 90% rule but not MLPs
sometime down days are good- the 10th -13th [ avg price -] will set the price for the dividend paid on the 20th. the new reit venue should work well. we will see how mgmt handles it going forward.
the x-date was the 17th, you needed to own cxw one day before that date. info on cxw web site. pay date is may 20th.