TSX:EIT.P.A - Post by User
Comment by
honewoodon Nov 25, 2005 6:18am
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Post# 9913249
RE: juicy dividend 7 cents
RE: juicy dividend 7 cents The way I understand it - to recieve the monthly dividend you need to have held the stock/trust unit on the last trading day of the previous month. In other words to receive the November dividend you must have held a position on the last trading day of October ie: Monday October 31, 2005. Now I am not 100% positive on this but that is my understanding. For example if you bought "X" number of units on Tuesday November 1, 2005 or anytime therafter you will/would not see your first dividend until the latter part of December or to put it more simply "you are not entitled to the dividend for the month you bought the trust units". (HW)