A comprehensive look at cum dividend, cum rights, and cum warrant stock scenarios, covering the stipulations for buyers to be eligible for declared distributions upon purchasing stock. This article also addresses related terms such as the ex-dividend date.
The date on which a corporation uses its list of stockholders to mail a dividend check. It is usually two days after the ex-dividend date. Also called record date.
The ex-dividend date is a pivotal date in the dividend distribution process on which a stock goes ex-dividend, typically about three weeks before the dividend is paid to shareholders of record. An investor who buys on or after that date is not entitled to the dividend.
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