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Friday, August 20, 2021 4:19:07 PM
You may be wondering why it’s necessary to have so many different dates surrounding dividend payouts. The answer is timing. It takes time for companies to properly record the sale of shares, usually one business day – for trades of dividend-paying stocks to settle.
If you own shares on the record date you will be included in the dividend. After the trades settle, the company pays the dividends.
It is no mystery and is the normal guidelines set on dividends on the Finra website. Those who raise cause for alarm have other motives to make investors think otherwise.
:)
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