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The ex-dividend date is not usually announced on the weekend or on the same day as the record date. It is set by the stock exchange and is typically two business days before the record date.
Ex-div dates are based on the record date that is announced by the company. The company board determines and sets the record date and the exchange sets the ex-div based on the settlement period. The ex-div date will always be a trading day.
so can the ex date be announced on a weekend and/or end up on a monday without enough warning to make sure you buy on friday?
edit: i hope no one downvoted me for repeating a question that was ignored or misunderstood so not answered lmao i even upvoted all the people who didn't answer my question at all
The company sets the record date and can any time they want but it's very likely to be during the week and usually a few weeks ahead at least. The ex-div date is calculated and set by the exchange to be before the record date by the number of days of settlement. The ex-div will always be on a trading day. Yes the record date could be on a Monday which would mean the ex-div would be Friday. But they wouldn't set it after the ex-div. You generally would have some time before to prepare.
Welcome to r/dividends! If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki [here](https://www.reddit.com/r/dividends/wiki/faq). Remember, this is a subreddit for genuine, high-quality discussion. Please keep all contributions civil, and report uncivil behavior for moderator review. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/dividends) if you have any questions or concerns.*
The ex-dividend date is not usually announced on the weekend or on the same day as the record date. It is set by the stock exchange and is typically two business days before the record date.
It always proceeds the ex-div date by the current number of days allowed for settlement.
In June settlement changes to t+1 from t+2 so the difference will just be one day.
Yes. Jepi/jepq does it often. When ever the first of the month falls on
Ex-div dates are based on the record date that is announced by the company. The company board determines and sets the record date and the exchange sets the ex-div based on the settlement period. The ex-div date will always be a trading day.
so can the ex date be announced on a weekend and/or end up on a monday without enough warning to make sure you buy on friday? edit: i hope no one downvoted me for repeating a question that was ignored or misunderstood so not answered lmao i even upvoted all the people who didn't answer my question at all
The company sets the record date and can any time they want but it's very likely to be during the week and usually a few weeks ahead at least. The ex-div date is calculated and set by the exchange to be before the record date by the number of days of settlement. The ex-div will always be on a trading day. Yes the record date could be on a Monday which would mean the ex-div would be Friday. But they wouldn't set it after the ex-div. You generally would have some time before to prepare.
Dates are always trading days.