Question:

If I bought a stock on ZECCO that pays a dividiend TODAY will it be deposited in my bank or zecco account?

by  |  earlier

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hmm

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5 ANSWERS


  1. No.


  2. Dividends are paid or credited to the holders account on the payable date of the dividend.

    You didn't say when you bought the stock, if you bought it before the X-Date you will get the dividend on the payable date.  If you bought the stock on or after the X-Date you will not get the dividend since you are not entitled to it.

  3. It depends on when you bought the stock.  If you bought it before the ex dividend date it will be deposited in your account.  If you bought it after the ex dividend date then you will not receive it.

  4. Dividends are posted to the registered holder of a stock, if the stock is being held by Zecco or its clearing company , it will be posted in your Zecco account since the dividend will be paid to Zecco by the clearing company

    If you bought the stock prior to the X-Date you will get the dividend, if not you are not entitled to the dividend.

  5. In Zecco, but it wont show up for like 3 days while the transaction settles between accounts/firms.

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