Announcement date
The announcement date (also known as the announce date or declaration date) is the date on which a company’s board of directors announces the next dividend it will pay to its shareholders.
The announcement will include the dividend amount to be paid to shareholders. This is typically a dollar amount per share owned – for example, $0.12 per share.
The announcement will also include the date that the dividend will be paid (the payment date), and the cut-off date by which an investor must hold that stock in order to earn the dividend (the record date).
Record date
Record date is only good to know basis but does not apply to us investors
The record date is the cut-off date established by the company to determine which shareholders are eligible to receive a dividend.
An investor must be on the company’s shareholder record on this date in order to receive the dividend payment.
Ex-dividend date (the most important date to note)
Once the record date is set, the ex-dividend date, also known as the ex-date, ex-entitlement date, or reinvestment date (or ex-distribution date when referring to funds or trusts) is determined based on the rules of the stock exchange on which the security is traded.
If you purchase and hold a security before its ex-dividend date, you will receive the next dividend. Reversely, if you purchase a security "ON" or after the ex-dividend date, you will not receive the dividend.
Payment date
The payment date or pay date is the date when dividend or distribution checks are sent or deposited into investor accounts.
If a shareholder has opted into a company’s dividend reinvestment plan called scrip, then the dividends or distributions will be reinvested in lieu of a cash payment
I use Dividend.sg
https://www.dividends.sg it is a Singapore site exclusively, to monitor up coming and dividend announcements.
I hope my post is able to helps everyone understand Dividend dates
Braight : May I know why record date does not apply to investors if it is the date to determine which shareholder is entitled to dividend? If one is not a shareholder yet after the announcement date but would like to receive the dividend, the investor will need to purchase before the record date?
ultra976 OP : you have to purchase before the Ex-date. I shared additional info as for the record date I should have omitted that out, because that is only for company audit for them to finalize the Dividend payout. For investor, it's all about the Ex-date
B Boss : settle over 2 /9. over 5 qaurter)
ultra976 OP Braight : you have to purchase before the Ex-date. I shared additional info as for the record date I should have omitted that out, because that is only for company audit for them to finalize the Dividend payout. For investor, it's all about the Ex-date
NoobVester : I use SGx portal to track all corporate actions
8182X2818 : Thanks for sharing! Would you know any sites that keeps track of US stocks dividend payment dates? Or does it show in moomoo itself?
ultra976 OP 8182X2818 : good question, yes in Moo you can directly see the Dividend date under summary.
8182X2818 ultra976 OP : thank u so much!
102762965 : thanks
Kiasu Tan : Thank you
View more comments...