How to qualify to receive stock dividend?
Sunday, January 31st, 2010David Y asked:
I see this:
I see this:
Company X declared a quarterly dividend of $1.85 per share, payable Oct. 31 to shareholders of record on Sept. 29.
Does that mean I only need to buy the stock on that date to receive the dividend? Can I sell it the next day? How long do I need to hold the stock? Do I need to own it before the declared date? I just want to know of all the people and buy and sell the stock, how do they determine who gets the dividend?