Comments on: Ex-Dividend Date and Record Date Explained

By: ruff_ryders

ruff_ryders — Sun, 02 Jan 2011 09:54:55 +0000

you are wrong, record date doesnt matter…it is the ex-dividend date that is important

By: AnalystAnalyzer

AnalystAnalyzer — Sun, 21 Feb 2010 03:55:32 +0000

I don’t see the record date as often, but I usually have no problem finding the ex-dividend date. why is that?

By: MoneyEnergy

MoneyEnergy — Thu, 18 Feb 2010 02:03:32 +0000

@Sunny – yes, it takes some getting used to. When you make a DRIP purchase, you have to time it so you know when it will be purchased – and it differs between the transfer agents and by stock, I believe (eg., BMO, BNS purchase at the end of each month, but most others don’t).

By: Sunny

Sunny — Wed, 17 Feb 2010 05:07:22 +0000

Interesting as always. Distibution date and record date had cause me some trouble among the way since I wrote in my calenday the pay day and so on for all of the investments I made. Also something related to this is the DRIP. I never received my dividend on the day giving because of the DRIP. I always received the new stocks or units a week later if not 2. Same thing for the money left of the DRIP, its being depost before or after once the new stocks had been add on. A real headache for investors like myself with no or poor experience.. But after calling my broker a few times for the same thing because I didn’t understand, I understood that it was the reality and I have to live with it… just like my laid off of BMO Bank of Montreal… lol ciao.

By: Financial Cents

Financial Cents — Mon, 15 Feb 2010 13:34:59 +0000

Nice, simple explanation!