insane dividends

[wzebra33]

From the I-box
Explanation of Dividend Dates
Ex-dividend: To receive a declared dividend the shares must be purchased before the ex-dividend date. If you buy on or after ex-dividend date you are not entitled to receive the current dividend.

Record date: The record date is the date by which an investor must be registered as a shareholder to be entitled to a dividend.

Payment date: The date of which the dividend is paid out.

You can sell the stock on the ex-dividend date of and still get the dividend but you would not make any money. Every time a dividend is paid, the closing price on the day before the ex-dividend is adjusted downward by the dividend amount.