Template:Record date and ex date: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
Line 1: | Line 1: | ||
A stock is trading with a declared dividend, there are two important dates. They are the “[[record date]]” or “[[date of record]]” and the “[[ex-dividend date]]” or “[[ex date]]”. | A stock is trading with a declared dividend, there are two important dates. They are the “[[record date]]” or “[[date of record]]” and the “[[ex-dividend date]]” or “[[ex date]]”. There is a charming {{tag|Latin}}ny feel to all of this, stocks trading “[[cum]]” (with) or “[[ex]]” (without) dividends. Beware [[cum-ex trade]]s, which are (a) highly illegal and (b) liable upon a cursory google to take you to parts of the world wide internets that your compliance department might not appreciate you visiting. Especially, I hear, if you google "“Danish Cum-Ex”<ref>If you dare,{{google|Danish_Cum_ex}}</ref> or “German Cum-Ex”<ref>If you dare, {{google|German_Cum_ex}}</ref>. In any case fertile ground for [[double entendre]]s if you have any literal-minded [[US attorney|American]]s in your office you fancy having fun at the expense of. | ||
The [[record date]] is the date by which a shareholder must be on the company's share register to receive the [[Dividend - Equity Derivatives Provision|dividend]]. Companies also use this date to determine who is sent [[proxy]] statements, financial reports, and other information. | The [[record date]] is the date by which a shareholder must be on the company's share register to receive the [[Dividend - Equity Derivatives Provision|dividend]]. Companies also use this date to determine who is sent [[proxy]] statements, financial reports, and other information. | ||
Line 11: | Line 11: | ||
*[[Ex date]] | *[[Ex date]] | ||
*[[Record date]] | *[[Record date]] | ||
*[[Double entendre]] |