European Stars And Stripes (Newspaper) - October 12, 1986, Darmstadt, Hesse Sunday october 12.1980 investor s to Uncle i William a. Doyle to declared on that Bertn the Date he dividend a a would that it were possible to do once and for but shows that readers Ujj keep incurring about that Complex situation. Iff been a con Matty asked question tar til the yet Rye written this s the Short answer on get the dividend if Ducj Freyou buy before the sex dividend Date. You Dart get the dividend it you Bay after the sex dividend Date. Sex dividend mean without the pen Oft who Cilli the share you buy does not get the dividend if the injunction takes place be fore the sex dividend Dale. That a dlr does gel the dividend if the transaction takes place after the sex dividend the Dale a dividend is declared nor the Date the dividends paid it the determining Factor in this key it the record when a dividend ii declared it i payable to stockholder of record at the dose of business on som future Dale the record Date. Because Ofik five Day settlement of regular Way transactions the method through which most Stock trades Are handled the Stock goes sex dividend at the opening of Bun am four business Days before the record s say the record Date for payment of a $1 dividend on x a corp. Stock ii Friday aim. 22. The sex dividend Date for Xyz Stock Wilt be monday aug. Is. Xyz goes sex dividend at the owning of Stock Trad Irv aug. 18. The dividend is payable to Aock Balderi of record at he dose of Busina aug. 12, so there an five Days in be tween. Count pm. In this example when Xyz goes sex dividend it Marf Cei Price automatically is adjusted Down Ward $1 to reflect the fact that u ii ending with out the dividend. Q. M j broker says 1 am i fir feb beam it Mie mistake ent me attends m my Stock twice. J Hazaw prof of thus Oder Dot broker s went fat ratted toll Kin the 0o. Ceu it be in that this is aade a. Yes. Brokerage onus make mistakes Tome Erak a All too. Numen by. Check the statement you have received from the broker Irto see if dividends to which Yob were not entitled were seat to you. " if you Lugii trouble understand ing those statements. As Many peo ple do at Down with the broker Tod have the that menu sex a pruned you receive dividends fog tie brokerage inn and not Ovney from the companies in which you own Stock you probably leave your Stock win that Drof Cengiz in a Street name in out one if Youash to reimburse the firm for broker can then Jet that Money Bostow dividend paid on stocks it stocks finish up for the w despite decline in pric new York Dpi the Stock Jar Ket finished ahead in moderate volume but week despite weaker Bond Price Sand slide in ism. Takeover nonet. Both real and speculative started i otherwise featureless trading. The Dow Jones Industrial average climbed 18.99 to 1793.17. The Dow has mined 34.45 Points since its 141.03-Potat plummet during the week that new sept 12.gtioen outnumbered losers 1,074 37 among the 2, 1 67 issues traded. The Market advanced through the fim hair of the week but gave up some of its gains thursday and Friday. Analysts said the Overall Advance was positive. But they said uncertainty about Ibe direction of interest Rales and the Economy limited investors appetite for Stock Market absorbed the weak Ness in Bond Market fairly Well Saido Isle Jensen chief technical analyst at ski securities. Friday s modest rebound in ism offered some Comfort to investors who feared that ism would Lead the Market lower Jensen said. Analysts expect no More than a Small Extension of last week s gain this week. Generally they expect the Dow to continue moving in a trading Range Between 1750andlsjo. On the trading floor us corp. Waste most Active nys listed Issue rising alged stoics followed climbing 2v to67. Campeau corp. Said it will proceed with its $66-a-Bare bid to buy Amie despite Al tibits agreement to be Konrod by Edward j. Debartolo corp. For 567 a de was third falling 7w to 121 As Onrie intensified about the computer pants third Quarter earnings and ill 1987 prospects. It lost 4ft the Prev my climbed 3h to 14ft. It got a takeover bid from pint interstate involving a complicated Exchange of Stock. Samuel Ann Acost ban Kamenca embattled president resigned fonday. Lucky stores feel i to Tsvi. In an apparent attempt to Ward off a takeover by investor after Edelman Lucky store said thursday the site of its 80 Glinco stores would be sold to a division of Dayton Hudson corp. Lor 1374 million. Viacom Rose 21 to 43%. The company rejected a leveraged buyout offer from a group that included some of its top Man agers. Goodyear Tife a rubber added luto3sk in activity both the company and traders linked to takeover Siegler jumped 7tt to 63. The company said it knew of no reason forthe Rise. The stocks of japanese . Matsushita electric jumped 7 to 117k, Hitachi advanced 6w to 73uand Honda jumped 5 to 85. The Dow Utility Index Felt 1.44 to198.18. The Dow transportation average however jumped 12.25u 24.i3.standard i poor s s0&tock Index Rose 1.77 to 235.48 the new York Stock Exchange composite Index gained 0.89 to 135.70.big Board volume totalled 613.533.soo Sharea Oompaul i tic 640,181,260 week earlier ind 479,170,901 during the same week a year Vohnna totalled 746,559,160 shares compared with767.102,520 a week earner. Prices we re mixed in moderate trading a the american Stock Exchange. The american Slock Exchange Index Rose 1.94 to 264.65. De Denra led advances 379-361 Amona Ibe 917 Issue traded. Volume was 46.433,745 share compared with 40,047,410 the and 35,604,600 during toe same week a year ago Wirkes led the amex actives l a to 4tt, Hasbro followed filling 1.25, and Texas air was third Down 2 i Droit m Cameira be m 7 40j170 1t i 3jh.wo j7� 10sjso 4uuo.100 1u 1,42 25.0 u 1js&400 my Van 400 a u he 1 Sjoo 14 147 t,0. Fth 1430.0 a i 4ik in m Aam to 4 t Ojo 19.9ik 1.7b 3.011 Juji cl3s 9&d a to Ion 10 45 0 1.17a it bits is oat be map Etu 11h Jyh s27j 11 u t 32mh a w4 130 is a i7o�4 in � Loa 21.0 u 31% t tit 144 2c.s us Zvy 8.83 11a u 1sh 2so u115 t a Smitj go 15v i u or 7 t is a si4,t4 egy 1b 1 s. 1w� 1t m 14 in 14v to i 20 1 h t is in 1.ms0 2ft in a ii u0.77 1w i 7.0 h0,7 my 11 to i inc prices from Pachfl i.mh1. Imoiu.1mohj. May i Wuu. Uuttu i sui1u. 1u7k4. Fol a i j4 try to cd Ijo with by 1u1ui we r 1 u7 us w m fill t-00 to Angl tech Tif my ohm � u4 Mph a cub u9 it lok is,?5 r -8jjt 7 i
