How to Find the Ex-Dividend Date for a Stock's Dividend (2024)

Existing shareholders of a company's stock receive notification, typically by mail, when the company declares a dividend payment. Included in the information, along with the amount of the dividend, the record date, and the payment date is the ex-dividend date. Investors who do not already own shares of a company's stock can find weekly listings of upcoming ex-dividend dates through financial and investment information websites, such as Barrons.com.

There are three important dates involved with the process of a company paying a dividend: the declaration date, the ex-dividend date, and the record date.

The Declaration Date

The declaration date is when a company's board of directors announces that the company will be paying a dividend. In the declaration, the company discloses the amount of the dividend and the ex-dividend, record, and payment dates. Companies often issue dividend declarations on a regular quarterly, semi-annual, or annual schedule. Dividend declarations often accompany earnings announcements.

Existing shareholders receive the declaration information directly from the company, usually by a notice in the mail. Investing information websites regularly publish upcoming ex-dividend dates, along with the amount of the dividend.

The Ex-Dividend Date

The ex-dividend date is the critical date that determines who qualifies to receive the dividend. To receive the dividend, investors must purchase the stock no later than the day before the ex-dividend date. Before trading begins on the ex-dividend date, the share price is reduced by the exchange in the amount of the dividend. Beyond that point, the stock is trading ex-, or without, the dividend. The ex-dividend date in the United States is one business day prior to the record date.

The Record Date

The record date is simply the date when the company officially records the stockholders who are eligible to receive the dividend – the shareholders who purchased the stock prior to the ex-dividend date.

The Payment Date

The final date associated with dividend payments is the payment date, the date when the company pays the dividend. The payment date typically follows the ex-dividend date by about a month.

How to Find the Ex-Dividend Date for a Stock's Dividend (2024)

FAQs

How to Find the Ex-Dividend Date for a Stock's Dividend? ›

Existing shareholders of a company's stock receive notification, typically by mail, when the company declares a dividend payment. Included in the information, along with the amount of the dividend, the record date, and the payment date is the ex-dividend date.

How to calculate ex-dividend date? ›

The ex-dividend date for stocks is usually set one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.

What is the ex-dividend date for a stock? ›

The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward.

Do I have to own a stock on the ex-dividend date to get the dividend? ›

The ex-dividend date is the first day the stock trades without its dividend, thus ex-dividend. If you want to get the dividend payment, you need to own the stock by this day. That means you have to buy before the end of the day before the ex-dividend date to get the next dividend. In other words, it's the cut-off date.

How to find dividend history of stock? ›

Ticker pages on Dividend.com make this sort of stock dividend history analysis relatively easy and straightforward; simply search for a ticker using the search box at the top of the page, and scroll down to the Dividend Yield & Stock Price History and Dividend Payout History sections for a visual representation of its ...

How do I find ex-dividend dates for stocks? ›

Existing shareholders of a company's stock receive notification, typically by mail, when the company declares a dividend payment. Included in the information, along with the amount of the dividend, the record date, and the payment date is the ex-dividend date.

Who decides the ex-dividend date? ›

The U.S. Securities and Exchange Commission sets the ex-dividend date to one day before the record date, so that buy and sell information is captured before the record date. The time difference between the dividend record date and ex-dividend date allows the necessary time to prepare paperwork and electronic records.

Will I get dividend if I sell one day before my ex-date? ›

If you buy a stock one day before the ex-dividend, you will get the dividend. If you buy on the ex-dividend date or any day after, you won't get the dividend. Conversely, if you want to sell a stock and still get a dividend that has been declared, you need to hang onto it until the ex-dividend day.

Do stocks go up or down on ex-dividend date? ›

The value of a share of stock goes down by about the dividend amount when the stock goes ex-dividend. Investors who own mutual funds, stocks, and other securities should find out the ex-dividend date for those investments and evaluate how the distribution will affect their tax bill.

Should you sell stock before ex-dividend date? ›

Regardless, if you'd like to sell your shares and still get the dividend, hold onto them until the Ex-Dividend Date. Sell on or after the Ex-Dividend Date and you'll still receive the dividend.

Is it smart to buy a stock right before dividends? ›

If you buy stocks one day or more before their ex-dividend date, you will still get the dividend. That's when a stock is said to trade cum-dividend, or with dividend. If you buy on the ex-dividend date or later, you won't get the dividend. The ex-dividend date is in place to allow pending stock trades to settle.

How many days before the ex-dividend date should I buy a stock? ›

The ex-dividend date marks a pivotal moment for investors, signalling the deadline for purchasing shares to qualify for dividend payments. Typically set two trading days before the record date, this date ensures that shareholders acquire shares before the record date to be eligible for dividends.

What are the three important dates for dividends? ›

When it comes to investing for dividends, there are three key dates that everyone should memorize. The three dates are the date of declaration, date of record, and date of payment.

How do I know my dividend payment date? ›

The record date: The date that determines all shareholders of record who are entitled to the dividend payment. This date usually occurs two days after the ex-date. The payment date: This is the day dividend payments are issued to shareholders and is usually about one month after the record date.

Where can I see dividends on stocks? ›

Many stock brokerages offer their customers screening tools that help them find information on dividend-paying stocks. Investors can also find dividend information on the Security and Exchange Commission's website, through specialty providers, and through the stock exchanges themselves.

What is the ex-dividend date alert? ›

Stocks Ex-Dividend Dates Alerts is a pre-set screener. It gets you worth-buying stocks with recent ex-dividend date. A stock's ex-dividend date is one business day before the record date. Investors who buy the stocks on or after that day will not receive dividend.

Does after hours count for ex-dividend date? ›

This can be an important for dividend investors when buying a stock on the ex-dividend date. If you buy on or after the ex-dividend-date in regular trading, after hours trading or premarket trading, you do not qualify for the dividend. However if you buy the day before, even in after hours trading, you still qualify.

How soon after the ex-dividend date can I sell stocks? ›

Another important note to consider: as long as you purchase a stock prior to the ex-dividend date, you can then sell the stock any time on or after the ex-dividend date and still receive the dividend. A common misconception is that investors need to hold the stock through the record date or pay date.

What is the ex-dividend date strategy? ›

In summary, the dividend capture strategy involves buying a stock just before the ex-dividend date to receive the dividend, then selling it after the price recovers to break even. While potentially profitable, this strategy has several risks for small investors.

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