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Old 08-26-2005, 08:10 PM
RocketManJames RocketManJames is offline
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Join Date: Nov 2002
Posts: 118
Default 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
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