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If a dividend is declared, all qualified shareholders of the company are notified via a press release. The information is usually reported through major stock quoting services for easy reference. The key dividend dates that an investor should be aware of are:
The declaration date: The date that the dividend is declared and the dividend amount, ex-date, record date, and payment date are set.
The ex-dividend date: The date (aka ex-date) before which an investor must have purchased the stock to receive the upcoming dividend. On this day, the stock begins trading ex-dividend (or, without the dividend).
The record date: The date that determines all shareholders of record who are entitled to the dividend payment. This date usually occurs two days after the ex-date.
The payment date: This is the day dividend payments are issued to shareholders and is usually about one month after the record date.
https://www.investopedia.com/ask/answers/102714/how-and-when-are-stock-dividends-paid-out.asp#:~:text=The%20record%20date%3A%20The%20date,month%20after%20the%20record%20date.
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