|
|
#1
08-26-2005, 12:23 PM
|
|||
|
|||
when do i get my dividends?
i bought 3M stock and it says my settlement day was Aug 16.
Aug 17 is 3M dividend date. i havent recieved anything yet from my online broker www.sharebuilder.com 
|
|
#2
08-26-2005, 01:25 PM
|
|||
|
|||
|
Re: when do i get my dividends?
A quick look shows the following for MMM:
Dividend Date: 12-Sep-05 Ex-Dividend Date: 17-Aug-05 So, you should get the dividend on the 12th of September. -RMJ
|
|
#3
08-26-2005, 04:04 PM
|
|||
|
|||
|
Re: when do i get my dividends?
The ex-dividend date is the date on which the company records who gets dividends and who doesn't. So if you had sold your stock on the 16th, you wouldn't get a dividend, but if you sold it on the 17th, you would. Typically the stock price drops by the amount of the dividend on the ex-div date.
|
|
#4
08-26-2005, 08:10 PM
|
|||
|
|||
|
Re: when do i get my dividends?
[ QUOTE ]
The ex-dividend date is the date on which the company records who gets dividends and who doesn't. So if you had sold your stock on the 16th, you wouldn't get a dividend, but if you sold it on the 17th, you would. Typically the stock price drops by the amount of the dividend on the ex-div date. [/ QUOTE ] Yes, I know. The OP said he bought stock prior to the ex-dividend date. So I was simply giving him the date that his dividend would actually be paid. I included the ex-dividend date information there so that he could see that there was a distinction between dividend payment date and ex-dividend date. -RMJ
|
 |
|
|
Linear Mode
