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Is a dividend paid out if one sells the stock before the pay date?
Meaning if I buy the stock before the ex-dividend date then sell it 3 days before the pay date... may I receive the dividend having invested in another co.?
6 Answers
- ?Lv 49 years agoFavorite Answer
You must hold the stock on the ex-dividend date... Ex-dividend date is also known as the "pay date" you're referring to. It is called the "ex-dividend" day because everything "except" the dividend is traded on that day.
So, anyway, to answer your question, NO, you must hold the stock the DAY OF payment... He is a link since there are mixed answers here...
- SlickLv 49 years ago
In the particular case you're mentioning, yes, you would receive the dividend. The ex-dividend date is the date you must own the shares on in order to receive the dividend. If you sell it after the ex-dividend date the person or entity purchasing the stock would not receive the dividend.
- 9 years ago
Yes An individual must be the owner of the stock on ex- dividend date. If you sell it the following day the purchaser would be entitled to the dividend.
- Anonymous9 years ago
Yes, realistically you only need to be a shareholder for one day. If you buy the day before the ex-dividend and then sell on the ex-dividend, you will still receive the dividend.
Look in to the dividend capture strategy.
Source(s): www.powerdividends.com - How do you think about the answers? You can sign in to vote the answer.
- cottomLv 44 years ago
definite, definite WWE dividend is paid in funds deposited on your brokerage account. This quarter's dividend is 0.36/share. you ought to observe that earnings over the final 3 hundred and sixty 5 days are basically 0.seventy 3/share and dividends indicated are a million.40 4/share, it is not sturdy.
- ?Lv 79 years ago
No, must own the stock at the time the Dividend is announced and retained until the check is sent to you.
Source(s): Whiskey