This e-mail will contain "Ex: mm/dd Last: $$.$$"
in the "Subject" line. It will contain "(frequency) Dividend $.$$"
in the body.
Ex: mm/dd – Ex-dividend
date established by the paying company; a person must complete
a trade purchasing this paying company’s stock BEFORE
this date to receive the cash dividend
Last: $$.$$ - The most
recent price per share
(frequency) Dividend $.$$
- Quarterly, Special, or Liquidating frequency cash dividend amount
Some subscribers have expressed concerns about the
"short" period between the date of a TPD E-mail Notify and the
paying company’s ex-dividend date. The paying company establishes
the ex-dividend date when it makes the dividend announcement. TPD
has no control over what the paying company decides for the
ex-dividend date. There are no legal requirements for a
paying company regarding the period between the dividend
announcement date and the ex-dividend date. TPD sends an E-mail
Notify to its subscribers within 24-48 hours of the dividend
announcement date. Recently a paying company announced a dividend on
Thursday, October 23, 2003 and the ex-dividend date was Thursday,
October 30, 2003 giving a TPD subscriber only four (4) business days
to complete a purchase.
There have been incidents where scammers have sent
"fake" e-mails purporting to be from TPD. These contained stock
symbols of securities where there was an attempt to manipulate that
stock’s market price.
A VALID TPD E-MAIL NOTIFY WILL CONTAIN: