Additional Information on Dividend Payments
Ten Day Rule (SEC Rule 10b-17)
Issuers must notify the exchange (if listed) or FINRA (if unlisted) of the record date at least 10 days prior to the record date to allow sufficient time to set and publish the ex-date.
Due Bills
Due bills are forms used when a security traded before the ex-date is delivered too late for transfer on or before the record date. They indicate that the next dividend paid will be passed a