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.
In other words if you sell the day before the ex-dividend date you will be removed from the register on settlement the day before the record date. Think back to the days, pre computer, of ledgers and clerically maintained share registers and postal transactions. There had to be a cut off point to send out the divs.