Thread: Investing 102
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Old 01-13-2014, 08:12 AM
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Quote:
Originally Posted by GregWeld View Post

Could you buy that stock today and get the dividend?


What does the "SHAREHOLDERS OF RECORD" mean?

No... Because it will take at least 2 business days between the trade date and the settlement date.

To be a "Shareholder of record" means that you actually own shares of the company on their record, which doesn't happen until the settlement date.
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