January 10, 2013 at 11:59 AM EST
X Factor: 5 Stocks Reaching Their Ex-Dividend Date on January 17
Five stocks will reach their ex-dividend date next Thursday which is significant for investors as the seller of the stock on that date not the buyer receives the most recent dividend. A stock must be bought one day before the ex-dividend date to claim any dividends that have been announced but not yet paid. The company determines on the record date which usually occurs two days after the ex-dividend date which shareholders qualify for the dividend. Shareholders listed as holders of record after the record date then receive their dividend on the date of payment established by the company. ...
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