In this article series, we summarize upcoming ex-dividend dates for stocks in Dividend Radar, a weekly automatically generated spreadsheet of dividend growth stocks with dividend increase streaks of at least five years.
The ex-dividend date of stocks is usually set one business day before the record date, the cut-off date for determining which shareholders will receive the next dividend payment. If you buy a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller will receive the next dividend. If you buy the stock before the ex-dividend date, you will receive the dividend.
This week’s highlighted stock goes ex-dividend on 3 June 2022, so you have until Thursday, 2 June 2022, to buy the stock and receive the next dividend.
Image and article originally from divgro.blogspot.com. Read the original article here.