GREY:CRIUF - Post by User
Comment by
predawnon Jul 23, 2018 10:25am
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Post# 28352500
RE:RE:RE:RE:How does short selling make money
RE:RE:RE:RE:How does short selling make moneywhy when the person that owns the shares gets his dist moneyfrom kwh? the lender does not own the share and does not have a dist coming???
Tad wrote: predawn,
Please read the details under the heading "Dividends"
https://blog.taxresource.ca/expense-paid-on-dividends-of-short-sale/ The short position holder is responsible to pay any dividends to the lending broker.
"Many brokerage firms simply deduct the dividend amount directly from your account during the period you have borrowed the stock."