Equities
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Contents |
Types
- Canadian Equities
- US Equities
- International Equities
- Emerging Markets
- Hedge Funds
- Private Equity
- REITs
Dividend Date Terminology[1]
Payable Date
This is the date that the company actually pays the dividend to shareholders who are eligible.
Record Date
Any shareholders as of this date will get the most recent dividend. If you are buying a mutual fund and want to avoid getting the next dividend then wait until after the record date to buy it. If you are selling a mutual fund and want to avoid the dividend then sell it before the record date.
Ex-dividend Date
This is two business days before the record date – someone who buys the stock on this date or later will not get the dividend.
References
- ↑ Dividend Dates, US Securities and Exchange Commission,viewed February 25, 2009
