Thursday, September 19, 2013

MBT paid 30% Dividend - What To Do If You Didn't Get It

Did MBT surprised you last Monday, Sept 16?
I hope it did. They just gave the 30% stock dividend they promised months back.

What to do if you didn't receive your expected stock dividend?

1. Check the date when you acquired your shares.

Make sure you bought the shares on or before August 28, 2013 as the ex-date is August 29, 2013.

2. Check your selling date.

A stockholder can only get a dividend when he/she sold the shares owned on or after the ex-date. So check when you sold your shares. Selling date should be on August 29, 2013 or later.

3. Contact your broker immediately.

If you checked the selling date and buying date already and either of the two was satisfied (selling shares on or after ex-date or buying shares before the ex-date), then call your broker immediately. In COL Financial, we get the dividends before end of day on the scheduled payment date.

Hope this was beneficial for those who experienced not getting dividend the first time.

Happy Investing!

P.S. For those who wanted to get guidance in stock market; what to buy, when to buy, or when to sell,  I recommend joining Truly Rich Club. If you have clarification on how to join this amazing club, feel free to contact me through the form in "Contact Me" tab. Thanks!

May success be to you,