Forum Archive Index - March 2000
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Re: [sharechat] Advice on record date needed
Because the broker technically owns them before they're registered in your
name, the divs will be paid out to them and they'll pass them on to you.
Keep an eye on it. Cheers.
-----Original Message-----
From: chas innes <crjinnes@yahoo.co.nz>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Saturday, 18 March 2000 07:03
Subject: [sharechat] Advice on record date needed
>I bought some shares yesterday and there is a special
>dividend to be paid next week with the record date
>being set at this Monday 20 March. My brokerage firm
>is not too quick off the mark in the past in
>registering my shares. Will I suffer if they don't do
>this first thing on Monday, and do I have to ring them
>first thing on Monday to get them to register my
>shares to ensure that I qualify? Or will I qualify
>anyway as long as I still have ownership of the shares
>even if registration is not done as quickly as I would
>like it to be? Some advice needed and greatly
>appreciated.
>
>Chas
>
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