Jarden Direct

[850man]

Experienced folks - what's normal with trades via Jarden Direct? I purchased the day before ex date Jarden didn't settle until the day after ex date (2 days later) therefore I missed the divvy. Is that normal?

[peat]

Experienced folks - what's normal with trades via Jarden Direct? I purchased the day before ex date Jarden didn't settle until the day after ex date (2 days later) therefore I missed the divvy. Is that normal?

if your trade went through before ex date then you're entitled to the dividend.
Settlement is usually two days after trade date (I think - unless its changed down to one). But settlement date is irrelevant. Trade date is the key.

[850man]

if your trade went through before ex date then you're entitled to the dividend.
Settlement is usually two days after trade date (I think - unless its changed down to one). But settlement date is irrelevant. Trade date is the key.

Thanks Peat, much appreciated info. Who should I raise this issue with? Jarden or the company (SPK) or Link Market Services?