Question

To get a declared dividend from a company, what is the last day that the investor...

To get a declared dividend from a company, what is the last day that the investor needs to buy the stock?

The announcement day

1 day before the ex-dividend date

The ex-dividend date

The payment date

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Answer #1

The ex-dividend date for stocks is usually set one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.

The answer is thus -

1 day before the ex-dividend date

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