2 people die in this world every second of every minute of every hour of every day of every week of every month of every year! It's adds up to 85,000,000 people a year.
They are the record date or date of record and the ex-dividend date or ex-date.. When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend.hey are the record date or date of record and the ex-dividend date or ex-date.. When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend.
You see, stock trades actually settle three days after the fact, even if you're a frequent trader who buys and sells the same stock several times a day. That means that you need to buy a stock three days before the record date in order to qualify for the dividend. Further complicating matters, the ex-date falls two trading days before the date by which you need to be a shareholder of record. We've established that the must-own date falls three days before the record date, so simple subtraction means that you must buy a stock one day before it goes ex-dividend.