Hey, guys! I've been trading for over a year now, but I've never really gotten into dividend investing, and would like to know some specifics about how it works.
Forgive me if these are newb questions, but I've tried looking online and on other reddit threads, and I haven't been able to find the answers that I'm looking for.
- I understand that there is a declare date, an ex-dividend date, and a pay date. In order to receive the dividend, does one have to hold the stock from the ex-dividend date all the way until the pay date, or is the pay date just the date that the dividend gets sent to you?
- Does one have to be holding the stocks BEFORE the opening of the market on the ex-dividend date, or does it count as long as it's bought on the ex-dividend date before the market closes?
- If I'm holding 100 shares of TMK (whose ex-dividend date is October 5th), and I sell some shares and buy them back at a lower price before the pay date (November 1st), do I lose the dividend for those stocks?
Thanks in advance. May all your trades be profitable!
Submitted October 04, 2017 at 10:31PM by karpenterskids http://ift.tt/2fSO8Si
