How long do I have to hold a stock to receive a dividend?

You only need to hold a stock for one day to earn the dividend. But in your example you would not get the dividend. You need to buy before the ex-div date to get the dividend. If you buy before ex-div date and sell on or after the ex-div date, you get the dividend.

There are four dates related to dividends.

Declaration date: this is when the company announces the dividend payment.

Ex dividend date: On or after this date the stock trades without the dividend. So you need to buy before the Ex-div date if you want the dividend.

Record date: You need to be owner of record on the company books. If you buy before the Ex-div date you will be. Buy on or after the Ex-div date you will not be.

Payment date: This is when the dividend is paid.

To be a stockholder of record you must have bought the stock and the settlement date must occur on or before the record date. What you really need to know is the Ex-dividend date. That is available on financial sites and dividend news releases. If the Ex date is June 12, that means that those buying the stock that day are not eligible to receive the dividend. If you bought the day before, June 11, you would be eligible to receive the dividend. Oh, since you seem to be interested in trading for the dividend, keep in mind that the day a stock goes ex-dividend, it will be opened down the amount of the dividend. So if the quarterly dividend is .50 share, the stock will be opened lower by .50 and after that, the stock is free to trade wherever the market forces take it. Good luck and keep asking good questions.

It takes a 3 month quarter. You have to be on the brokers books as the share holder for the payment. The brokers usually already own the stock and will not give the payment to you because you buy on the day the payment is due. The brokers will keep the payment because rightfully, they owned it before you buy it. The company pays because of having the money/investment for a time period. If you sell on July 7th you will have nothing to do with that stock and no payment will be made. These stocks are all on the brokers records which your on the brokers record, but not the company. So the money will go to the broker. The company would not pay you either because when you sell, you closed the agreement. Main point of regular people is if that could happen, people would buy millions of shares on 7/6..........sell on 7/7 and make more than a day trader. Buy on the day close and sell on the next day open without doing a thing.

You have to own the stock during the night before the Ex-Div Date. It doesn't matter when they record the stock or when they pay the dividend.

You can buy the stock the previous trading day before the Ex-Div Date (Even buy it during after hours market) and own the stock until the morning of the Ex-Div date (or next trading date if the Ex-Div date falls in a weekend or holiday). You will be entitled to the dividend payment no matter how long you held the stock as long as you are the holder during the night before the Ex-Div date.

It depends. But usually they will pay at a later date - for your case, it might be on the 3 Aug.

Have you tried asking the company?

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Usually dividends are given by the company after they announce their financial results. And during that time, they issue the timeperiod which determines to which stock holder should be paid dividend, and whom not. Usually 6 months should be fine.

Regards

Indy

http://www.taxreliefservices.myirstaxrelief.com/

If you sell the next day your capital gains tax will be sky high if it sold above purchase price.