RE: X - DIV TODAYAccording to TA's Web site registered shareholders as of close of business March 1, 2005 will get the dividend.
That means that the last date to purchase TA for the dividend was Thursday, February 24th - three days to settle gets you to March 1st.
So the share price dropped on February 24 - so too again on February 25th, the day it actually went ex dividend for purchasers.
So has the market double counted the ex dividend effect. Even though the dividend is only 25 cents per share??
Not likely.
TD Bank's recent $16.25 call has probably got more to do with the share decline last week, than the ex-div date IMO.