If anyone is reading this board, I got a quick question. I had been planning on buying some FTR so that I could get this month's dividend payout, and my brokerage funding only went through this morning and as such my purchase is happening right now. Am I understanding the Ex-Div date thing correctly such that I will still get the 3/31 payout because I own the shares before the end of the day on 3/5?Thanks.
If ex-dividend date is 3/5, then I'm afraid the answer is 'no' - you have to own the stock by the day PRECEDING ex-dividend date to get the dividend.The ex-dividend date is the first day of trading WITHOUT dividend participation (ex, as it 'without').Sorry - you will have to wait until next quarter to get your first dividend check.HarryG
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