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Dividend Question

Posted on 8/6/14 at 9:16 am
Posted by jlu03
San Diego
Member since Jul 2012
3321 posts
Posted on 8/6/14 at 9:16 am
I'm looking to collect dividends on NAO in a week. I currently do not own this stock and would like to get in and out as quick as possible while still collecting the dividend. Can I buy and sell on the ex-dividend date and still receive the dividend or do I need to hold for a certain amount of time?
Posted by rednecksouthpaw
Denham Springs
Member since Jun 2006
129 posts
Posted on 8/6/14 at 9:51 am to
You must own it at end of the ex-dividend date
Posted by Chris Farley
Regulating
Member since Sep 2009
4180 posts
Posted on 8/6/14 at 9:10 pm to
It doesn't work like you're describing. Hop on investopedia and help yourself out.
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