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Do you have to hold a stock from the ex-dividend date all the way until the dividend date to get the dividend?

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.

This entry was posted on Sunday, October 18th, 2009 at 2:06 pm and is filed under dividend. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Do you have to hold a stock from the ex-dividend date all the way until the dividend date to get the dividend?”

  1. frak1a12345 says:
    October 18, 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 :

  2. pretzel2222 says:
    October 18, 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

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