ex-dividend date on closed nyse day

quick question: qualcomm was scheduled be ex-dividend on the 5th of december. however, as we now know, on the 5th of december the markets will be closed. does anyone know what will happen: will the ex-dividend date be moved to the 4th, or to the 6th? thanks!

 

My guess would be the 6th. I'd be very surprised if they move it up a day.

 

All US corporate action events with a Dec 5 2018 ex-date will be adjusted to an ex-date of Dec 6 2018.

 

thanks for the info!

 

May I ask where you read that?

 

It was discussed on an industry call yesterday afternoon. I had follow up conversations with OCC yesterday evening as we ironed out details. Fidelity Action Services laid out the exact information in a circular this morning. Are you not in the business?

 

You know I am. I'm not invited to these calls. I checked the OCC memos and found nothing.

 

Kind of a gratuitous comment, isn't it?

 

https://www.theocc.com/webapps/infomemos

SHould you want to review the actual memos.

 

In retrospect it would appear so. Thank you for bringing it to my attention. I have sent Mr. Morse a private note.