M markd85 Jul 18, 2007 #1 Hi All Are you responsible for the dividend only if you are short ON the ex-dividend day? Could you cover the day before or short the day after and not have to pay? Thanks. Mark
Hi All Are you responsible for the dividend only if you are short ON the ex-dividend day? Could you cover the day before or short the day after and not have to pay? Thanks. Mark
H harkm Jul 18, 2007 #2 Yes, as long as you aren't a holder when the stock price is adjusted down for the dividend then you don't have to pay.
Yes, as long as you aren't a holder when the stock price is adjusted down for the dividend then you don't have to pay.
M markd85 Jul 18, 2007 #3 And the price is adjusted down on the ex-dividend date. Right? Thanks. Mark
