Posted by alslayton on 14th of Aug 2020 at 03:30 pm
The shares you buy prior to the Ex Div are entitled to the
dividend. When you sell those shares post Ex Div but prior to
the adjusted Trading level your broker will deliver those
shares to the Buy side Broker and the split shares will follow.
If the dates you posted are correct, the shares you sell will
receive the Pre Split price.
Posted by elementsix on 14th of Aug 2020 at 04:44 pm
Thanks for that explanation alslayton. I know there's know free
money but I wasn't able to find info anywhere on the interwebs as
to how that works. Thx
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The shares you buy prior
TSLA Stock Split Question - Have a question regarding this ...
Posted by alslayton on 14th of Aug 2020 at 03:30 pm
The shares you buy prior to the Ex Div are entitled to the dividend. When you sell those shares post Ex Div but prior to the adjusted Trading level your broker will deliver those shares to the Buy side Broker and the split shares will follow. If the dates you posted are correct, the shares you sell will receive the Pre Split price.
There is no free money in this game.
Thanks for that explanation alslayton.
Posted by elementsix on 14th of Aug 2020 at 04:44 pm
Thanks for that explanation alslayton. I know there's know free money but I wasn't able to find info anywhere on the interwebs as to how that works. Thx