Unfortunately, if the stock was bought on the ex dividend day or thereafter, yes. You are correct. The dividend has been missed, But next quarter if the stock is still owned, a nice dividend will be paid. :)
T is a good one to hold for long term dividend income. IMHO, Dividend stocks don't often make good traders for just the div. Many drop on ex dividend dates, which is the first day you can sell them and still get the dividend, but if you do so, it's typically a loss or a flush more than a gain because they often do drop or adjust. Waiting a few days may get you a gain on the pps, plus you will have your dividend in addition, but I have found that could take longer than one anticipates. So as a trade for the dividend it's never made much sense to me although I imagine other people have other views on that, which is ok.
Look where she sits now:
Example of ex div movement
Pre ex 07/05/2017 38.11 open 38.21 high 37.85 low 38.12 close
Ex div 07/06/2017 37.59 open 37.695 high 37.18 low 37.18 close
Paid a .49 div but dropped .94 cents close to close on those two days and now sits at 36.98 off of that 38.12 close pre ex day, which is a drop of 1.14 on the pps all for a .49 div and the week is young. Who knows where she is going?