Ex-Dividend Date Explained: Declaration, Ex-Date, Record and Pay Dates

Dividend Dates Explained

Four dates matter for every dividend. Enter an ex-date and a dividend to see the last day to buy and what usually happens to the price.

The four dates

DateWhat happens
Declaration dateThe board announces the amount and the dates
Ex-dividend dateBuy on or after this date and you don't get this dividend
Record dateThe company checks its list of shareholders
Pay dateCash arrives in your account