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closing Closing a short sellposition on the Xdateex-dividend date
I understand that if youI close a short sellposition on the xdateex-dividend date that you ownowe the lender the dividend. That itIt is taken from my account.
BUT where
Where does the money the COMPANYcompany pays for the dividend on those shares go?
Thank you,
closing a short sell on the Xdate
I understand that if you close a short sell on the xdate you own the lender the dividend. That it is taken from my account.
BUT where does the money the COMPANY pays for the dividend on those shares go?
Thank you,
Closing a short position on the ex-dividend date
I understand that if I close a short position on the ex-dividend date that you owe the lender the dividend. It is taken from my account.
Where does the money the company pays for the dividend on those shares go?
I understand that if you close a short sell on the xdate you own the lender the dividend. That it is taken from my account.
BUT where does the money the COMPANY pays for the dividend on those shares go?
Thank you,
