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| vantrung |
 Posted: Mon Oct 01, 2007 3:00 pm Post subject: dividend |
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Investing Associate
Joined: 04 Aug 2007
Posts: 30
This Month: 0
8676.79 e$
Net worth: 8,676.79
Portfolio Value: 0.00
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Trades this month: 0
Churn Rate: 0.00%Items
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| How does the monthly dividend liquidate to an investor ? |
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| rykarde |
| Posted: Tue Oct 02, 2007 5:09 am Post subject: |
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Investing Sr. Associate
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| Great question. I was wondering that myself. |
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| DKnightSr |
| Posted: Tue Oct 02, 2007 5:25 am Post subject: |
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Member of the Month
May
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If you're holding your stocks in a brokerage street account, the deposit will be made to that account. If you are holding the certificate in your own name (and address), the check will come in the mail....or be deposited electrons to your account depending on how the company is set up.
Also, dividends are not normally monthly....but quarterly. They have an "ownership as of" date, and a date payable. You don't mention your stock...so I can't research it for you.
Sounds like you're buying the first round though  Coors Light for me!  |
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| rykarde |
| Posted: Tue Oct 02, 2007 6:11 am Post subject: |
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Investing Sr. Associate
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| PGH is the one that I have. |
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| DKnightSr |
| Posted: Tue Oct 02, 2007 7:00 am Post subject: |
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Member of the Month
May
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OK- Ex dividend date is September 26th. If you owned your shares on that date, you have 22.5 cents per share coming. It is set to pay out on October 15th.
You can see this for yourself, and gather more info at:
http://biz.yahoo.com/iw/070914/0302674.html
Congratulations! However, don't spend it all yet....as of this writing you're down 19 cents a share today....so profits are a bit slim at the moment. Hang in there though.....it will get better.
The one thing that is guarenteed in the market...is CHANGE |
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| Dave Rathbun |
| Posted: Tue Oct 02, 2007 6:06 pm Post subject: |
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CFO
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Some stocks do pay monthly. You can check the divident payment schedule... well, probably somewhere.  One thing to be aware of is that stocks that pay a dividend today are not obligated to pay a dividend tomorrow. Apple computer at one point years ago paid a dividend. When they came upon hard times that was one of the first things to go.
The company that holds the record (so I am told) for the most consecutive years of dividend rate increases is now bankrupt. (That would be Winn-Dixie if you are wondering.)
Other companies may declare a special dividend as a one-time payout. Ford did that a while back, as did Microsoft.
Dividends are not paid here on the simulator, just so you know that. We haven't found a way to automate that at this point. |
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| rykarde |
| Posted: Wed Oct 03, 2007 5:01 am Post subject: |
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Investing Sr. Associate
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Thanks!!
At this point with PGH (I think I have 200 or 300 shares) I will take any dividend that they are willing to send me. |
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| StatTrader |
| Posted: Fri Oct 05, 2007 3:16 pm Post subject: |
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Member Of The Month! April
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| One correction is worth noting. The Ex-dividend date is the first day that the stock trades Ex (without) the dividend. To receive the dividend you had to be holding the stock at the close the night before the ex date. Buying on the ex date does not buy the dividend, you need to buy the day before the ex date. |
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| DKnightSr |
| Posted: Sat Oct 06, 2007 2:32 am Post subject: |
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Member of the Month
May
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| StatTrader wrote: | | One correction is worth noting. The Ex-dividend date is the first day that the stock trades Ex (without) the dividend. To receive the dividend you had to be holding the stock at the close the night before the ex date. Buying on the ex date does not buy the dividend, you need to buy the day before the ex date. |
Absolutely Stat...and thanks for catching my "oops" ! Guess I best slow down a bit when posting...and get it right!  |
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