I have a stock that went ex-dividend today. The dividend date is two weeks from now. I know that I have to be on record as of today, but do I need to hold the stock until the actual dividend date to claim the dividend?
A stock trades ex-dividend on or after the ex-dividend date (ex-date). At this point, the person who owns the security on the ex-dividend date will be awarded the payment, regardless of who currently holds the stock. After the ex-date has been declared, the stock will usually drop in price by the amount of the expected dividend.
October 18th, 2009 at 7:50 pm
No. You are due the dividend on the ex dividend date. You could sell the stock on the ex dividend date and still receive the dividend.
References :
October 18th, 2009 at 8:12 pm
A stock trades ex-dividend on or after the ex-dividend date (ex-date). At this point, the person who owns the security on the ex-dividend date will be awarded the payment, regardless of who currently holds the stock. After the ex-date has been declared, the stock will usually drop in price by the amount of the expected dividend.
References :
investopedia.com