RE:RE:Ex-dividend tomorrow!!Fishermen wrote: You buy today doesnt mean you own it today. The settlement date is likely 2 or 3 days later. You aint qualify for the dividend.
WRONG!
Buying today qualifies you for the dividend. Today is the last day to buy to get the dividend.
In theory the stock should drop the equivalent of the dividend tomorrow on ex-dividend day. It may drop more depending on market conditions or it may go up. Beauty of the markets......