kassa! schreef op 10 augustus 2023 08:15:
Ex-Dividend Date
As noted above, the ex-date or ex-dividend date marks the cutoff point for a pending stock dividend.
If you buy a stock one day before the ex-dividend, you will get the dividend. If you buy on the ex-dividend date or any day after, you won't get the dividend.
Conversely, if you want to sell a stock and still get a dividend that has been declared, you need to hang onto it until the ex-dividend day.
The ex-date is one business day before the date of record.
Date of Record
The date of record is the date in which the company identifies all of its current stockholders, and therefore everyone who is eligible to receive the dividend. If you're not on the list, you don't get the dividend.
In today's market, settlement of stocks is a T+2 process, which means that a transaction is entered into the company's record books two business days after the trade.
To ensure that you are in the record books, you need to buy the stock at least two business days before the date of record, or one day before the ex-dividend date.