Last Chance to Buy Stock to Receive the Upcoming Dividend
() stock goes ex-dividend on ahead of the upcoming cash dividend payment of $per share. The $per share dividend is expected to be payed on , and represents an approximate yield of . To receive the dividend, investors and traders have to buy shares of before the ex-dividend date. As explained below, buying a stock on the ex-dividend date is too late to get the next dividend payment of $per share.
Ex-Dividend Date Explained
To determine whether or not an investor can expect to receive the dividend payment on , they’ll need to look at two important dates – the “record date” or “date of record” and the “ex-dividend date” or “ex-date.” When a company declares a dividend, it sets a record date when you must be on the company’s books as a shareholder to receive the dividend. Once the company sets the record date, the ex-date is set based on stock exchange rules and other factors. The ex-dividend date for stocks is usually set one business day before the record date. If an investor buys stock on or after, they will not receive the next dividend payment on . Instead, the seller will receive the dividend. If the investor purchases or owns stock today, before the ex-dividend date of , they will get the dividend payment of $per share on .
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