Buyers pay the pre-split market price on settling trades from record date to payable date, but Due Bills guarantee the delivery of new shares on the ex-distribution date.
All rights reserved. This material may not be published, broadcast, rewritten or redistributed in whole or part without the express written permission of the author.
© Pearse Carney 2012
All rights reserved. This material may not be published, broadcast, rewritten or redistributed in whole or part without the express written permission of the author.
© Pearse Carney 2012