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bmo answer to my ? on due bills
thedave20064
11/28/2012 2:57:23 PM | No Recommendation | 105 reads  | Post #31835451
 

so i guess if one sells ans shares after nov 22, your rights belong to the buyer of your shares?

 

cheers,

dave.

 

A stock is said to be carrying due bills when the ex-date falls after the record date. This means that any principal and interest/dividend received by the seller past the record date will be paid by the seller to the buyer upon submission of the due bill for redemption.

If you do not intend to buy or sell in between the ex-dividend date and the record date, this will have no impact on your positions.

 
 
RE: bmo answer to my ? on due bills
mohasa2
 11/28/2012 3:40:15 PM 3
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