Ex-dividend dates

Question

Ex-dividend dates

In: 1

Answer 1

For stocks that pay dividends, the ex-dividend date is the first business/trading day AFTER the record date. The record date is the date of record to determine who is entitled to receive the declared dividend payment. So if you own a dividend paying stock on the record date, you’ll receive the dividend payment even if you sold the stock after the record date but before the payment date. Conversely, if you buy the stock on the ex-dividend date, the prior owner will receive the declared dividend on the payment date.