Welcome to another edition of our article series on upcoming ex-dividend dates. We cover stocks in Dividend Radar.
The reason we write these articles is to alert readers so they could buy shares before the cut-off date and earn the upcoming dividend.
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.
I co-produce this series with James Marino Sr. of Portfolio Insight and we cover ex-dividend dates for the next two weeks. Additionally, we screen for high-quality candidates using DVK Quality Snapshots and highlight one interesting candidate.
This week's highlighted stock goes ex-dividend on 29 October, so you have until Thursday, 28 October, to buy the stock and receive the next dividend.
Please read this article at Seeking Alpha.
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