short sales & dividends - timing: when can you avoid payment?
I hope someone in the CAPs community could help answer the question;
If one short sells a stock that pays dividends, at what point can the short seller start the position to avoid payment of the dividend?
the timeline of events is ex-dividend date, record date, and actual date of dividend payment...
ex date ---- record date ----- actual date of dividend payment -----
^here? ^here? ^or here?