InvestorsHub Logo
Followers 5
Posts 420
Boards Moderated 0
Alias Born 12/10/2009

Re: MoneyMan post# 14153

Wednesday, 08/19/2015 10:07:03 AM

Wednesday, August 19, 2015 10:07:03 AM

Post# of 54922
INVESTOPEDIA EXPLAINS 'Ex-Dividend'
A stock trades ex-dividend on or after the ex-dividend date (ex-date). At this point, the person who owns the security on the ex-dividend date (ie 08/19) will be awarded the payment, regardless of who currently holds the stock. After the ex-date has been declared, the stock will usually drop in price by the amount of the expected dividend.