When a company declares a dividend, it sets a record date, which is the cutoff date for when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is the day after the record date. If you purchase the stock on or after the ex-dividend date, you will […]
How Dividend Stocks Work
What are dividend stocks? Dividend stocks are stocks that a company pays out a portion of its profits to shareholders in the form of dividends. For example, a company might announce that it plans to pay a dividend of $0.50 per share on a particular date. Shareholders who own the stock on that date will […]
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