Tourmaline Oil Corp (Alberta) T.TOU

Thanks gunner. I took this off google

[bdog123]

When do I need to buy shares to receive the dividend payment?

Submitted by:– Anna-Maria B.

Categories:

• STOCKS

Tags:

• Stocks

Our response:

For an explanation of how dividends work and the dates to know regarding ownership and dividends, read this previous question.

Following the purchase of a stock, it typically takes three days for the stock to be in your account (settlement date). Therefore, you need to buy the stock at least three days before the record date in order to qualify for the dividend.

If you buy a share ex-dividend, you are still entitled to receive dividends, just not the upcoming declared dividend.

Speak to your financial advisor to find out whether you will qualify for the next dividend for the stock you are considering. Learn more about how stocks work.

https://investingquestions.ca/question/when-do-i-need-to-buy-shares-to-receive-the-dividend-payment/#:~:text=Following%20the%20purchase%20of%20a,to%20qualify%20for%20the%20dividend.

Bdog

[GunnerG]

And your post is WRONG for 2022.  The information below was posted January 11, 2017. Nice try bdog.

[bdog123]

Thanks Gunner.  I enjoy being yelled at.  It cleans out my ears, lol.  So google screwed up.  I called my online broker.  Surprise surprise.  Depending on the stock, some settle in 2 days, some in 3, and can take up to 5 days.  Past trades for me on TOU have settled in 2 days after purchasing stock.   I was politely told that to be safe on the buy for

[GunnerG]

All caps is yelling, not large font which you used and I followed.  Google screwed up!  Don't blame google for your poor research.  I posted the exchanges changed the number days.  LOL The discussion was about Ex date.  It is one working day prior to the date of record.  This is for all stocks on the major exchanges.   I hope you don't listen to