M mramaswamy1 Jun 23, 2012 #1 If I am short SPY shares, when will I need to close my position at the latest to avoid paying the quarterly dividend?
If I am short SPY shares, when will I need to close my position at the latest to avoid paying the quarterly dividend?
F FroggerMan Jun 23, 2012 #2 http://sixfigureinvesting.com/2010/01/next-spy-ex-dividend-date-19-march-2010/ Looks like your too late... It's not like you lost money. The value of your short increased the same amount as the dividend was on the ex dividend date.
http://sixfigureinvesting.com/2010/01/next-spy-ex-dividend-date-19-march-2010/ Looks like your too late... It's not like you lost money. The value of your short increased the same amount as the dividend was on the ex dividend date.
