Post by
lara8486 on Sep 14, 2023 10:52am
Dividends
Sorry, may you help me understand how is working dividend system. Today is ex-dividend day. What day need to buy and how long need to hold (record day). Thank you.
Comment by
pierrelebel on Sep 14, 2023 1:33pm
To be eligible to the dividend payable at the end of this month you had to buy the shares yesterday or earlier. You could sell them today and still get the dividend. The key to receive the dividend is to own them at the end of business the day preceeding the ex-dividend date.
Comment by
pierrelebel on Sep 14, 2023 1:37pm
I should have mentionned that this applies to companies that have declared a dividend with date of record of September 15th (ex-dividend date September 14th). It does not apply specifically to CPG.