One Step Ahead

[Bo14172]

dmc, the ex-dividend date is usually 2 days BEFORE the
date of record. Some stock divys are one day after the date of record.

The ex-dividend date is set 2 days before saying that those that purchase shares closer than 2 days prior to the record date are not eligible for dividends.

However, all shareholders on the date of records (not purchasing within the ex-divy) period get the dividend.

To my knowledge, I have never seen an ex-dividend date after the date of record. In the case of CMKX, I do believe the ex-dividend date was 2 days prior to the date of record.

Don't take it from me. Direct from the SEC: http://www.sec.gov/answers/dividen.htm

Bo