Question about stock transfer between broker account and dividend
Havw some question about transfer stock between broker account and dividend.
Let say I submitted request to transfer my RRSP from one broker to another broker. All in kind.
It will take 2-3 weeks. I have no control of would that be 1 week? 2 week? 3 week? Once the requirest is submitted.
Now, what happen if one of the holding have ex-diviend date Dec 14, payout on Dec 19, but the transfer just happen on Dec 16???
Or
Ex-dividend date is Dec 14. All my asset is gone already from my souce broker on Dec 13, but still not show up on my receiving broker on Dec 15??
Anyone have any idea?
Let say I submitted request to transfer my RRSP from one broker to another broker. All in kind.
It will take 2-3 weeks. I have no control of would that be 1 week? 2 week? 3 week? Once the requirest is submitted.
Now, what happen if one of the holding have ex-diviend date Dec 14, payout on Dec 19, but the transfer just happen on Dec 16???
Or
Ex-dividend date is Dec 14. All my asset is gone already from my souce broker on Dec 13, but still not show up on my receiving broker on Dec 15??
Anyone have any idea?
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Bright side of RFD: Often find good deal
Dark side of RFD: Tons of stuff that I don't need but still got them because of RFD
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Bright side of RFD: Often find good deal
Dark side of RFD: Tons of stuff that I don't need but still got them because of RFD
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