Stock Question: Dividends

[TruePaige]

Okay..so I was reading up on a stock, and it says it pays it's Dividends on January 15th, to anyone who owns it as of December 31st, if I am correct.

Does that mean I can just buy a stock today, hold it till January, collect my dividend, and sell it?

Also, do most companies pay dividends around the same time that pay annually?

Just curious.

 

[jakedeez]

http://forums.anandtech.com/me...=2135075&enterthread=y

 

[TruePaige]

Hmm..Question answered. The stock is just going to drop by the dividend amount. Figured there was a reason it wasn't a more popular thing.

Thanks Jake. =)