Crius Energy Trust Tr Unit CRIUF

RE:RE:RE:Ex distribution day

[maypeters]

Do you have any documentation for this? I think you are confused between the record date for dividend payment and record date for shares purchased from the DRIP on dividend payment.

What you are saying makes no sense because you can buy 10K shares of KWH.UN on Monday (Aug 28) with one broker (with 3 day record time as you say) and sell tomorrow and be eligible for the dividend and buy the 10K back with Scotia (2 day record date) and be eligible for dividend again on the same shares. In reality, does not work like this. 

Ex dividend is fixed for all shares for that company. 

As I said earlier, you are in most likelihood confusing the recording time for the DRIP - that can change depending on the broker. But he ex-dividend date will not change and be the same regardless of which broker you use. 

BUT 

I would recommend buying the shares tomorrow after the fall in price after ex-dividend date and then tell us whether you received the dividend on those shares. I will gladly move my account over to Scotia. 

deisman03 wrote:

Kisu wrote: Goes ex-div on the 29th so Monday is the last day to buy for the divy.

Depends on which institution you deal with. If you deal through Scotia and a few others they now have a two day recording time. Some brokers have a privileged real time recording. Maybe because they purchase directly from the company?????

Scotia used to have a three day lag time to get the units/shares recorded. Bit better now.