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re: Question about dividend stock/play
Posted on 5/25/17 at 10:57 pm to ruger35
Posted on 5/25/17 at 10:57 pm to ruger35
quote:
The dividend will be payable on June 1, 2017, to stockholders of record on May 30, 2017, with an ex-dividend date of May 25, 2017.
Pardon an investing rookie/idiot but what does it mean by the May 25th ex-dividend date? Does that mean that you'd need to have the stock on or before 5/25 in order to be a shareholder of record on 5/30?
Posted on 5/25/17 at 10:59 pm to KamaCausey_LSU
Yes. Ex date is what matters. If you buy on the 30th you will not get the dividend.
This post was edited on 5/25/17 at 11:01 pm
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