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To: GROUND ZERO™ who wrote (49867)5/9/2013 6:57:17 AM
From: sandeep  Read Replies (1) | Respond to of 218464
 
The cash goes into your account..



To: GROUND ZERO™ who wrote (49867)5/9/2013 7:25:53 AM
From: Machaon  Read Replies (2) | Respond to of 218464
 
A question: if you buy and own a stock share and that company does an ex dividend, do you get those dividends and how, where does it show up?
You can buy a stock at 4pm the day before Ex-Dividend Day (in this case, on Wednesday), and sell it at 9:30am on Ex-Dividend Day (in this case, today Thursday), and still get the dividend. Usually the dividend payment gets into one's account four trading days after the Ex date.

In my account, dividends in my IRA get paid in new shares, and dividends in my cash account get paid in cash.

It seems AAPL just did that and the price is down 3 points this morning...
The dividend comes out of the stock price. If you will notice, ask for a quote on AAPL. The actual closed price from yesterday, is less than today's quoted closing price, by the amount of the dividend. In other words, it's a zero sum game, unless the equity increases back the amount of the dividend over time.



To: GROUND ZERO™ who wrote (49867)5/9/2013 8:43:24 AM
From: chartseer  Read Replies (1) | Respond to of 218464
 
AAPL
Quarterly Dividend $3.05
Ex-Dividend Date5/9/13
Dividend Payable Date5/16/13


The AAPL dividend is 3.05 per share.

The ex-dididend date is 5/9/13 which means if you buy the stock on or after this date you do not get the dividend. In theory you purchased the stock for $3.05 less than the previous days prices. Your investment was reduced $3.05 per share in value and you must declare this$3.05 dividend as income on your tax returns.

Dividend payable date is the date the accounts are credited the $3.05 per share dividend. In this case 9/16/2013..