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URL:  http://boards.fool.com/transferring-stocks-to-a-charity-after-ex-div-31047476.aspx

Subject:  Transferring stocks to a charity after ex div Date:  1/2/2014  6:06 PM
Author:  katinga Number:  119783 of 121177

OK. Here's a weird situation.

ROIC went ex div on December 12.

I transferred ROIC shares to a charity on December 13.

The dividend was paid to the charity.

I called Schwab on this. They checked and verified that apparently the transfer date and not the ex date applies to share transfers. I guess the dividend accrues to the shares and not the owner of the shares, or something.

So my questions are:

1. Really?
2. If this is the case, do I get credit for donating the dividend as well as the shares?
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