Important Dividend Dates

The speaker covers the key dates which are associated to dividend payments; the declaration date, record date, and payment date.  The declaration date is when the board votes on the amount of the dividend.  The stock price will increase on this announcment.  The date of record determines which investors will be eligible for the dividend.  The stock becomes ex-dividend at this point and buyers after this date will not receive the dividend.  Finally, the date of payment is when the eligible shareholders will receive their dividend payment.