If I buy a Nasdaq stock on the record date for cash settlement, am I entitled to the dividend, the adjustment?
Answer:
you have to buy the stock and physically own it before the start of the day trade, to get the dividends, that means you have to buy, pay for and physically hold possession of the stock before 6:30 am, this is typically you must have bought it 3 days before, depending on the clearing house the transaction went threw on.
You have to buy the day before the ex-dividend date.
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