Thursday, February 28, 2019 11:31:14 AM
Record Date: March 1st
Ex-dividend Date: February 28th
To qualify for shareholder of record on March 1st divi date, Feb 27th?
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https://www.investor.gov/additional-resources/general-resources/glossary/ex-dividend-dates-when-are-you-entitled-stock-cash (one of many links that say this same general data)
EX-DIVIDEND DATES: WHEN ARE YOU ENTITLED TO STOCK AND CASH DIVIDENDS
To determine whether you should get a dividend, you need to look at two important dates. They are the "record date" or "date of record" and the "ex-dividend date" or "ex-date."
When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.
Once the company sets the record date, the ex-dividend date is set based on stock exchange rules. The ex-dividend date for stocks is usually set one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
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My m.o. is to NOT recommend the purchase of a stock. Especially to friends and relatives, an UGH!ly lesson learned. I encourage anyone and everyone to investigate accordingly in order to draw their own conclusions.
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