Poeple in the stock market...

[mustangguy289]

What does it mean when they say a companies stock is "to go ex-dividend tomorrow".

[slow06]

It is a way to say who owns the rights dividend between the time it is "set" and the time they pay out.

Example, IR is going ex-dividend on 9/9/11 but they won't pay out until 9/30/11. If you hold shares of common stock on 9/9/11 you will get the dividends, even if you sell your shares on 9/12/11. Anybody who purchases the stock after 9/9/11 will not get the dividends, even though they will own the stock when dividends are paid out.

(This is my understanding, I actually looked this up this morning)

[talisman]

I was going to google this so I could answer it for you, but then realized that you should've googled it yourself in the first damn place.

[mustangguy289]

If you own have some of your 401k in a stock that does this.... do you get dividends?

[slow06]

If you own have some of your 401k in a stock that does this.... do you get dividends?

I don't know for sure, but I would guess you would, since you still own the stock. The only way I could see it getting weird is if you owned it through a mutual fund.

[mustangguy289]

I don't know for sure, but I would guess you would, since you still own the stock. The only way I could see it getting weird is if you owned it through a mutual fund.

This portion of my 401k is not a mutual fund. It is directly in the stock.

[Broncojohnny]

Dividends are paid into whatever account you hold the stock in. So if the shares are in a 401k, the dividend will be put into the 401k account. You don't pay taxes on the dividends, they just stay in the account.

If a mutual fund owns the shares and you own the fund, the dividend gets paid to the fund. They may use that to pay you a dividend, buy shares of the same stock or buy shares of a different company. Really it is whatever the manager is allowed and/or wants to do.

[slow99]

It is a way to say who owns the rights dividend between the time it is "set" and the time they pay out.

Example, IR is going ex-dividend on 9/9/11 but they won't pay out until 9/30/11. If you hold shares of common stock on 9/9/11 you will get the dividends, even if you sell your shares on 9/12/11. Anybody who purchases the stock after 9/9/11 will not get the dividends, even though they will own the stock when dividends are paid out.

(This is my understanding, I actually looked this up this morning)

It's the first day the stock trades without (ie "ex") the dividend. You have to be a holder of record the day before ex-div date, known as record date. So to clarify, you had to own before ex date. Buy on ex date or after = no dividend.

[Denny]

I thought it was like alimony from your gains in the market. Go figure. Learn something new every day.

[mustangguy289]

I thought it was like alimony from your gains in the market. Go figure. Learn something new every day.

I see what you did there.

[Captain Crawfish]

I cant wait till gold hits 5000! Who needs stocks and dividends gold is the shit.

[Denny]

I cant wait till gold hits 5000! Who needs stocks and dividends gold is the shit.

This guy...

Hey bro, care to post up any details of this awesome portfolio you're holding?

[Captain Crawfish]

This guy...

Hey bro, care to post up any details of this awesome portfolio you're holding?

Gold! Because everyone else is!

[Denny]

I figured as much... it's cool.

[racrguy]

Gold! Because everyone else is!

Gold isn't where it's at you fool. BUY SILVER! /sarcasm