The 'Upcoming Dividend Payment' infograph allows you to monitor two important event dates which may affect your portfolio or investment decision.
First is what we call the BUY LIMIT, this is the date at which you must own a stock of the company to receive a dividend. From the date you are viewing the information, you can also see the number of days remaining for you to purchase and get qualified for the dividend. The BUY LIMIT date is adjusted 1 day prior to ex-date.
Second is PAYMENT, it is the date at which the company will pay dividends. In some cases, your dividends may not immediately reflect on your brokerage account on the exact date of payment due to some settlement and clearing process.
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