RE: RE: RE: DividendCheers Nosleep
If you owned the shares on the close of trading on the 18'th you are automatically a shareholder of record on April 22. You are free to sell the stock April 19'th or later and you are still entitled to the Dividend. As an example if a person bought on April 18'th and sold on April 19'th the preson who sold on April 19'th is still the shareholder of record on April 22 and entitled to the dividend. The person who bought on April 19'th the Ex Dividend day is not entitled to the dividend.
The problem for most is they see the shares go in and out of their account in 10 seconds but the back office takes several days to process the transaction. With modern trading platforms traders however are allowed to trade the funds before the transaction settles. A lot of people get confused and think if they buy on the Date of Record they are included but sadly they are not.