Quote:
Originally Posted by CRCRFT78
Since you brought up dividends, is there a time frame of when you'll start to receive them if you own some shares of that stock? If you bought Monday and Friday they're paying dividends, will you receive that? Lastly, is there a schedule when dividends are paid?
|
Each company is separate - and pay dividends on different days. So you'd have to look up each company and see what their pay dates are.
Most pay quarterly.
They will make an announcement as to what the "ex dividend" date is... and if you own the shares prior to that day.. you will get the dividend even if you sold it after the ex date... but the actual pay date is sometimes weeks after the "ex" date.
Confusing, I know. But we're "INVESTING" not trading. There are traders that will just attempt to trade around the dividend - by coming in the day before - and selling shortly after - and picking up the dividend and perhaps a few pennies gain but they're very sharp - and have all the details down.
Here's a website that you can get that kind of info - such as the declare date - the ex date - the pay date...but you'll have to check each company separately. This sites info is easy to read - just scan down and it gives you all the pertinent info.
http://www.dividendinvestor.com/