Thread: Investing 102
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Old 03-16-2017, 11:01 AM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by ErikLS2 View Post
I bought some GM today, partly because I work for them now, and the 4% dividend. Didn't think about the ex date at the time but went back and checked today, just happened to buy it on the ex date exactly, kinda nice.


Just so you know -- YOU WILL NOT GET THE DIVIDEND. There is at least a 3 day "settlement date" so you don't actually own the shares the minute you buy them - you must allow for the settlement time. Sorry to spoil your party.
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