Ex-dividend this week:
2 Aristocrats: $Clorox(CLX)$ and $Lowe's(LOW)$ will pay dividend on JAN 24.
1 Contender: $Pfizer(PFE)$ will pay dividend on JAN 26.What Is Ex-Dividend?
Ex-dividend describes astockthat is trading without the value of the nextdividendpayment. The ex-dividend date or "ex-date" is the day the stock starts trading without the value of its next dividend payment.
Typically, the ex-dividend date for a stock is one business day before the record date, meaning that an investor who buys the stock on its ex-dividend date or later will not be eligible to receive the declared dividend. Rather, the dividend payment is made to whoever owned the stock the day before the ex-dividend date.
- Ex-dividend is when a company's dividend allocations have been specified.
- The ex-dividend date of a stock is the day on which the stock begins trading without the subsequent dividend value.
- Investors who purchased the stock before the ex-dividend date are entitled to the next dividend payment while those who purchased the stock on the ex-dividend date, or after, are not.
- The ex-dividend date occurs before the record date because a stock trade is settled "T+1" meaning that the record of that transaction isn't settled for one business day.
https://twitter.com/DividendWave/status/1617069208046632961
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