Ex-dividend Date
Anybody who buys on the 10th or thereafter will not get the dividend. Another important note to consider: as long as you purchase a stock prior to the ex-dividend date, you can then sell the stock any time on or after the ex-dividend date and still receive the dividend. A common misconception is that investors need to hold the stock through the record date or pay date. As an example, ABC Inc declares a $1 dividend with an ex-dividend date of January 10th. Anybody who buys the shares on the 7th, 8th, or 9th—or any date prior to the 10th—will get that dividend. For example, imagine shares in a company are trading at $50 and the company announces a dividend of $5. Investors who hold the shares past the ex-dividend date will receive the $5; investors who sell before the ex-date will not. But all is not lost: shares in the company will fall by roughly the amount of the dividend, to $45, or there will be an arbitrage opportunity in the market. If the investor were to sell the stock on the ex-dividend date or afterwards, the investor would still be entitled to the dividend payment. In this example, assuming that the investor purchased the stock one day before the ex-dividend date, the investor would be a stockholder on the record date. If the investor sells the stock on the ex-dividend date, the buyer of the stock would be a stockholder one day after the record date given the three stock business trading day settlement. The person that bought the stock would not be entitled to receive the dividend. The ex-dividend date gets its name because investors who buy shares on that day or later will not be shareholders of record on the record date and will not receive the dividend. Step 4. Sell shares you own on the ex-dividend date or later and you will still receive the dividend payment. Note that the share price drops on the ex-dividend day by the amount of the dividend payment. Buying shares the day before and selling on the ex-dividend date will not produce an easy profit By Chad Langager AAA |. A: If you sell before the ex-dividend date you will not receive a dividend from the company. The ex-dividend date is the date that the company has designated as the first day of trading in which the shares trade without the right to the dividend. Investors who hold the shares past the ex-dividend date will receive the $5; investors who sell before the ex-date will not. But all is not lost: shares in the company will fall by roughly the amount of the dividend, to $45, or there will be an arbitrage opportunity in the market. The ex-dividend date is usually 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. If you purchase stock prior to the Ex-dividend date, and sell before the Ex-dividend Date, you WILL NOT be a stockholder on the Record Date and you WILL NOT receive the upcoming declared dividend payment. Subscribe Now to Ex-dividend.com for Professional Exclusive Corporate Action Dividend Data. The Ex-dividend Date is a key date to remember for dividend paying stocks. If you purchase stock prior to the Ex-dividend Date, and do not sell prior to the Ex-dividend date, you are a stockholder on the Record Date and YOU WILL receive the upcoming declared dividend payment. The minimum holding requirement to be entitled to the upcoming stock dividend payment is to buy a stock three stock trading days prior to the Record Date, one day trading day prior to the Ex-dividend Date, and Selling on the Ex-dividend Date or after to receive the upcoming dividend. The Ex-dividend Date is a key date to remember for dividend paying stocks. If you purchase stock prior to the Ex-dividend Date, and do not sell prior to the Ex-dividend date, you are a stockholder on the Record Date and YOU WILL receive the upcoming declared dividend payment. If you sell your shares on or after that ex-dividend date, you'll still get the dividend payment. Fortunately, it's not a secret when stocks go ex-dividend.. You can look up such info online (and can always just give the company a jingle and ask). 
http://www.dividend.com/dividend-education/everything-investors-need-to-know-about-ex-dividend-dates/ http://www.investopedia.com/ask/answers/06/exdividenddate.asp https://en.wikipedia.org/wiki/Ex-dividend_date http://finance.zacks.com/sell-stock-after-exdividend-date-5038.html http://www.investopedia.com/ask/answers/06/exdividenddate.asp http://www.sec.gov/answers/dividen.htm http://www.ex-dividend.com/howitworks.html http://www.ex-dividend.com/howitworks.html http://www.fool.com/investing/dividends-income/2009/09/25/dont-miss-that-dividend.aspx
when can i sell a stock and still get dividend td