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Bullboard - Stock Discussion Forum Crius Energy Trust Tr Unit CRIUF

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District... see more

GREY:CRIUF - Post Discussion

Crius Energy Trust Tr Unit > Ex distribution day
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Post by deisman03 on Apr 21, 2016 3:51pm

Ex distribution day

With the weekend coming up tomorrow will be the last day to purchase and be on record for ex distribution day on the 27th. For most of us anyway. Usually the price rises instead of stagnating or falling.
Comment by dondedondon on Apr 21, 2016 4:41pm
deisman I don't know why you are all ways posting when you know nothing. Ex-dividend day being on the 27 means you have to buy it by the 27 th to get the div for the 29 div day. You can buy the stock on the 22,25, or 26 before the ex-dividend on the 27.
Comment by deisman03 on Apr 21, 2016 7:31pm
You might be able to but most here can't. The rest of us have to purchase the units on the 22n because the banks/brokers need 3 full working days between Monday and Friday to record the ownership of the units by the ex distribution date. The ex distribution date is the 27th of April from what my information tells me. The 27th is a Wednesday therefore the 24th which is Monday is to late.to ...more  
Comment by dondedondon on Apr 21, 2016 9:13pm
Its not three days from the ex-dividend day its three days from the div day. that's why the 27 is called the ex-dividend day because if you buy before the 27 the trade is settled before the 29 and you get the div. If you buy on the 26 or earlier the three day settlement is done and you get the div.
Comment by Sukhi19 on Apr 21, 2016 11:32pm
dondedondon is right. If you buy on 26 April or before, you get the dividend. If you buy on 27 April, you will not get the dividend.  Best is to ask your brokerage.
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