Tourmaline Oil Corp (Alberta) T.TOU

Special Divy

[Fredthereferee]

Has anyone actualy recieved the $2 special divy in their account yet? My Wealthsimple accounts (I have TOU in different accounts) does not show it yet!

[TimeBuilder]

PLEASE  > Check some OLDER postings here for Info....  ;>O

[GunnerG]

Got mine on the 12th, TD. Did you sell/buy on the wrong date.  Many here are confused with ex-dividend  and number of days to clear a trade.  Following their information may have cost you.  I hope not.

[CHECKMATE77]

Again...do not get caught up in number of days etc etc.  it just causes confusion. the x div date means AS of that day if you buy you do NOT get the div THUS if you buy any day  BEFORE the x div day you get the $$ don't get hung up on clearing , the exchange has done that fir you by giving you the x date 

[GunnerG]

and for those selling,  which may cover Fredthereferee not getting his divy.  I don't know if he bought, sold or has held for months.  If your sell the day BEFORE the ex-dividend, you do not get it. Selling On The Ex-Dividend Date To receive a dividend, investors must hold the stock at the opening of the market on the ex-dividend date. That means they can sell their

[CHECKMATE77]

Of course , you owned the stock the day Before, the x date. that is why in many cases the share price decreases on the x date because it trading without the dividend  It's the buyers on the x date who do not get the divi  the sellers do 

[Fredthereferee]

Just to update you all, I got my special divvy in my Wealthsimple account today around lunch time.

[TimeBuilder]

Good News for you        Hope  it  was back dated  to the  12th & your brokerage firm DIDNOT use your cash during the  payment delay....     All the best in your Investments   Regards, TimeBuilder