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Dividend Dates

Declaration Date: date that dividend is announced.

Ex-Dividend Date: first day that new buyers are not eligible to receive dividend. So, to collect a dividend, you must purchase prior to the ex-dividend date. If you did that, you can sell on the ex-dividend date and still collect the dividend.

Owner of Record Date: whoever is the official owner on this date gets the dividend. Since it takes three business days to be the owner of record, the ex-dividend date is two business days before the "owner of record" date. 

Payment Date: date a dividend is deposited into your brokerage account.

For more dividend terms, click here.

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