Quote:
Originally Posted by Sieg
I thought I honestly thought was ahead of the Ex date, but obviously I was not. 
Trade Date: 12/30/2013
Settle Date: 01/03/2014
Ex Date: 12/26/2013
Not the first time I've tricked myself.........regretfully it won't be the last either. 
That was TWO bags of dog food!  |
OKAY --- LET'S DISCUSS "OWNERSHIP" ---
You didn't OWN those shares until the SETTLE DATE -- 01/03/2014
So if you're going to try to capture the dividend and play that close to the vest on this stuff.... then you need to allow for the SETTLE DATE which is THREE BUSINESS DAYS. So if EX date was 12/26 -- then you needed to BUY on 12/23 and get a SETTLE DATE of 12/26 in order to be considered an "owner".
Oh the webs we weave!!