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📈 Business
Sold shares on June 30 — why was the dividend missed?
An investor sold $80,000 worth of shares on June 30 and was surprised to find the proceeds credited to a money-market settlement fund instead of receiving an expected dividend. The case highlights the importance of the ex-dividend date and trade settlement timing in determining dividend eligibility. The investor remains confused about why the dividend was not paid despite holding the shares until the sale date.
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