ex-dividend clarification

Discussion in 'Order Execution' started by zdreg, Jul 11, 2019.

  1. zdreg


    If you are short at the opening on the date goes ex- dividend you have to pay the dividend?
    if you go short during the day you do not have the pay dividend?
    are these statements correct?
  2. Robert Morse

    Robert Morse Sponsor

    Not on the X-date.
  3. If you are short Before ex date (ex date-1),you have to pay the dividend. If Tuesday is ex date and you are holding short on Monday closing of after hours trading (20:00 Hours) than only you pay dividend. Trading on ex div date (pre market or opening or during day) has no affect.
  4. zdreg


    Good point.