OKay, I have a really stupid question. I know some of you like stocks that pay dividends. (Rainman). How long do you have to own the stock to receive the dividend? I know it pays out qtrly.
So ,really my question is .... if a stock has a declared date of say 7/1 and a payable date of 7/20 does that mean you can acquire the stock on 6/25 and get the dividend and then dump it after 7/20 and move to the next stock.
Greedy bastards want to know.
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