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Ex-Dividend DateN/A
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Dividend YieldN/A
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Annual DividendN/A
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P/E RatioN/A
Record Date vs. Ex-Dividend Date: An Overview
The record date and the ex-dividend date of stock are crucial when buying stocks and knowing about dividend eligibility. The record date is the cut-off date set by a company to determine which shareholders are eligible to receive the declared dividend. On this date, the company reviews its records and identifies its shareholders. The ex-dividend date, typically the same day, is when the stock starts trading without the value of its next dividend payment. These used to be on different dates, but it changed in May 2024, and now they are the same.
You must own the stock before the ex-dividend date to be eligible for the dividend. Companies use dividends to distribute profits to shareholders through cash, stock, or property dividends. Cash dividends are the most common type and are typically sent to stockholders via check or direct deposit. Stock dividends are paid in company shares.
