Uccmal Posted January 13, 2011 Share Posted January 13, 2011 FFH pays its dividends to shareholders of Record on January 19th. Normal settlement is T+3 for common stock. If I sold on January 17th would I still be a shareholder of record on January 19th or is it the trade date that matters. January 16? Thanks, A. Link to comment Share on other sites More sharing options...
Uccmal Posted January 13, 2011 Author Share Posted January 13, 2011 Answered my own question - should have looked it up first. Anyway, in the case I have provided the following would apply: Friday, January 14 is the last day to buy FFH and still receive the dividend. Effective Monday, January 17th FFH goes ex-dividend. As an aside to my question I expect it is already trading as if the dividend has been paid given the low volume. Link to comment Share on other sites More sharing options...
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