It says on profits.com on their front page that Bank of America is paying 64 cents per share dividend on the 27th I get that but what I don't return with is this. Do I have to keep hold of it till the Ex-Date of june 4th or the Record date June 6th? If I sell the stock after anything date is the correct one that you have to hold it till any the 4th or 6th of june WILL I STILL GET THE DIVIDEND even if I sell?? CONFUSED! HELP!!
http://www.earnings.com/highlight.asp?da...
Answers: If you own the stock prior to the X-Date you will attain the dividend
On the X-Date, the price of the stock will be reduced by the amount of the dividend since any one buying on that day WILL NOT draw from the dividend.
So you can sell it on or after X-Date.
You call for to hold it at least until the ex-dividend date within order to receive the dividend, at which point you can vend it. That will make you an owner of text on the record date 2 days following, as trades take 3 days to settle.
I wouldn't verbs about collecting the dividend though. The stock price is accustomed down by the approximate amount of the dividend on the ex-dividend date, so you gain nothing. If that weren't the valise, everyone would be making easy money by buying stocks right formerly the ex-date and selling the next time to collect the dividend. And there is no confident money in the stock souk.
Remember "ex" means short. So if you buy on the "ex-div" date, it means you buy in need the dividend. Similarly, if you sell on the ex-div date, it mechanism you will receive the dividend. You will still be the record holder by the dictation date because the trade settlement will be three days from your transaction date and the record date is two days after the ex date.
The dividend is deduct from the opening price on the ex-div date. That doesn't stingy that the stock price can't go up or down further during the light of day. I've seen both. Many inhabitants buy on the ex-div day to thieve advantage of the intervening mark-down in price, especially beside stocks that pay appropriate dividends (they are buying fto capture the adjectives dividend not the one that is mortal paid).
And for this they want to roll back the possessions gains charge?? the only article you are getting is being broke next to the economy the course it is
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http://www.earnings.com/highlight.asp?da...
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Answers: If you own the stock prior to the X-Date you will attain the dividend
On the X-Date, the price of the stock will be reduced by the amount of the dividend since any one buying on that day WILL NOT draw from the dividend.
So you can sell it on or after X-Date.
Does anybody enjoy some righteous investment design?
You call for to hold it at least until the ex-dividend date within order to receive the dividend, at which point you can vend it. That will make you an owner of text on the record date 2 days following, as trades take 3 days to settle.
I wouldn't verbs about collecting the dividend though. The stock price is accustomed down by the approximate amount of the dividend on the ex-dividend date, so you gain nothing. If that weren't the valise, everyone would be making easy money by buying stocks right formerly the ex-date and selling the next time to collect the dividend. And there is no confident money in the stock souk.
Remember "ex" means short. So if you buy on the "ex-div" date, it means you buy in need the dividend. Similarly, if you sell on the ex-div date, it mechanism you will receive the dividend. You will still be the record holder by the dictation date because the trade settlement will be three days from your transaction date and the record date is two days after the ex date.
The dividend is deduct from the opening price on the ex-div date. That doesn't stingy that the stock price can't go up or down further during the light of day. I've seen both. Many inhabitants buy on the ex-div day to thieve advantage of the intervening mark-down in price, especially beside stocks that pay appropriate dividends (they are buying fto capture the adjectives dividend not the one that is mortal paid).
What cause a stock to brake support?
And for this they want to roll back the possessions gains charge?? the only article you are getting is being broke next to the economy the course it is
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