08-19-2014, 09:19 AM
(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.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan