Stock dividends, when/how are they paid?

TallBill

Lifer
Apr 29, 2001
46,017
62
91
Does it depend on the company or is it an end of year thing? Also, if you own a stock for 11 months after the last paid dividend and then sell it, does the new owner get the full amount or just 1/12th?

Lastly, how is the money paid?
 

Specop 007

Diamond Member
Jan 31, 2005
9,454
0
0
Depends on the company as to the payment schedule. Full owner gets full amount if I recall correctly. Paid in cash into your brokerage account.
 

Foxery

Golden Member
Jan 24, 2008
1,709
0
0
Dividends are announced by the company with a "Record Date" which is usually a few days before the money actually goes out. Whoever owns it on this specific day receives the full amount. I think quarterly is most common, but it can be whenever the company feels like it.
 

lyssword

Diamond Member
Dec 15, 2005
5,630
25
91
every 1/4 of the year or half of the year or whatever their policy is I think..