Ask Matt: What's the ex-dividend date?

April 9, 2015 10:32 AM

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A: Collecting dividends is one of investors’ favorite pastimes. But you’d better understand the ex-dividend date, or you might miss out on some of these payments. And some of them are coming soon – and large.

The ex-dividend date determines whether or not you’re entitled to get the upcoming dividend payment made by a company. If you buy a stock on the ex-dividend date or sometime after that, you won’t get the dividend. The ex-dividend date is usually set to be two trading days before the so-caleld “date ...

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