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Post by danshirley on Jul 11, 2011 14:54:57 GMT -5
Several posters have been questioning the meaning of the ex-dividend date. I must admit this used to puzzle me a bit also and I had to get accustomed to the meaning thereof. The IRS says the ex-dividend date is: "the first date following the declaration of a dividend on which the buyer of a stock is not entitled to receive the next dividend payment." en.wikipedia.org/wiki/Ex-dividend_dateNote the relationship between the record date and the ex-dividend date. If you are going to do dividends you need to know this info very clearly... or you're not going to get your dividends.
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Driftr
Senior Member
Joined: Mar 10, 2011 13:08:15 GMT -5
Posts: 3,478
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Post by Driftr on Jul 11, 2011 15:18:35 GMT -5
So if I want to buy a stock on the last day possible in order to get the most recent dividend I need to own it at the close the day before the Ex-Div date?
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Post by danshirley on Jul 11, 2011 19:56:49 GMT -5
just to reiterate
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