Q: Hello 5i Team,
On a question re: CLC you stated:
"CML is still paying one dividend. However it went ex-dividend yesterday, but anyone buying yesterday will get a $0.135 dividend."
My understanding of Ex-Dividend is different and found this online:
The ex-dividend date is the date on which investors are cut off from receiving a dividend. If, for example, an investor purchases a stock on the ex-dividend date, that investor will not receive the dividend. This date is two business days before the holder-of-record date.
Perhaps you can clarify?
Thanks,
Ron
On a question re: CLC you stated:
"CML is still paying one dividend. However it went ex-dividend yesterday, but anyone buying yesterday will get a $0.135 dividend."
My understanding of Ex-Dividend is different and found this online:
The ex-dividend date is the date on which investors are cut off from receiving a dividend. If, for example, an investor purchases a stock on the ex-dividend date, that investor will not receive the dividend. This date is two business days before the holder-of-record date.
Perhaps you can clarify?
Thanks,
Ron