INVESTOR SERIES
If you purchase before the ex-dividend date, you get the dividend. If you buy a stock one day before the ex-dividend, you will get the dividend.
Ex- dividend dates
The ex-dividend date which is the trading date which the dividend is not owed to a new buyer of the stock. The ex-date is one business day before the date of record. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment.
If you sell your shares before the ex-date, you would not be entitled to receive those dividends.
The date of record
The date of record is the day on which the company checks its records to identify shareholders of the company.
If you sell your shares on or after this date, you will, still receive the dividend.
Share prices adjust after dividend
After a stock goes ex-dividend, the share price typically drops by the amount of the dividend paid.
Investment Risk
Stock prices can go down, creating investment losses even for a dividend stock investor.
Yield guide
As a yield guide a good average dividend yield is about 2 to 4%