Ex-Dividends

[Dividend Watcher]

(08-19-2014, 03:43 AM)daat99 Wrote: At the Ex-Dividend date 2 things usually happen:
1. The price of the stock at the opening will be lower by the dividend amount.
2. All the people that owned the stock at the close of the previous day will be marked for dividend payments.

Actually, IIRC, the date people are marked as getting the dividend on the corporate books is the Record Date. The ex-date is usually 2 days before to allow to settlement on the exchanges.