David1961
Thinks s/he gets paid by the post
- Joined
- Jul 26, 2007
- Messages
- 1,085
Basic question about stock dividend payments. Assume the board of directors declares a quarterly dividend of, say, $1.00 per share to investors of record on 15 Sept payable on 30 Sept. Is the dividend distribution pro-rated by how long you have owned the stock? In other words, does an investor who has been invested the entire quarter get more per share than the investor who just purchased on 10 Sept? Seems like he/she should.