How and when will you get dividend for your stocks

April 9, 2008

You don’t have to holdĀ  stock for the entire year. You just have to own it on the record day. The next day would be the ” ex-dividend day” ( meaning: without dividend).
Every quarter these dates are published at company websites or look for them in financial mags, or the quote provider you use may provide the info, too.
Once you qualify for the dividend, you will receive it on the ” pay date”. you can sell before that date and still receive the dividend, but in 99% of the cases it wouldn’t make much sense because the share price will drop as much as the div on that ex-div date.

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