Ex-Dividend Dates: No Ex-Dividend Stocks On January 21, 2013

Ex-Dividend Dates

No Ex-Dividend Stocks On January 21, 2013

Sorry Guy's there are no stocks going ex-dividend on January 21, 2013.

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What is an Ex-Dividend Date? By Ex Dividend Dates

We have to distinguish four kinds of important dates with respect to dividend payments:

1. Declaration Date

2. Ex-Dividend Date

3. Record Date

4. Payable Date

When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.

Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.

Here is an example:

Declaration Date	Ex-Dividend Date	Record Date	Payable Date
7/27/2004	8/6/2004	8/10/2004	9/10/2004

On July 27, 2004, Company XYZ declares a dividend payable on September 10, 2004 to its shareholders. XYZ also announces that shareholders of record on the company's books on or before August 10, 2004 are entitled to the dividend. The stock would then go ex-dividend two business days before the record date.

For an investor who is staring at cash dividend, the Ex-Dividend Date is the most important date. If you buy a stock on this date or later, you will not receive any mentioned dividend.

Source:http://www.sec.gov/answers/dividen.htm

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All dividend payout and date information on this website is provided for information purposes only. We can not and do not guarantee the accuracy of any dividend dates or payout amounts. Dividend dates and payouts are always subject to change. Always check with your broker first before purchasing any security.

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