If I buy a stock on the ex-dividend date, will I receive the dividend for that quarter?
Roy Ward: If you buy a stock on the ex-dividend date, you will not receive the dividend for that quarter. However, if you buy on the day before the ex-dividend date, you will receive the dividend.
J. Royden WardEditor of
Cabot Benjamin Graham Value Letter A lifelong investment professional, J. Royden Ward applies his 40 years of investment research, portfolio management, writing and publishing experience to his role as analyst and editor of
Cabot Benjamin Graham Value Letter, which is directed to long-term investors seeking a guide to profitable value investing based on the time-tested systems originally developed by Benjamin Graham, the Father of Value Investing. A second-generation disciple of Benjamin Graham, Roy in 1969 pioneered the development of a computerized model that applied the formulas developed by Graham using a unique ranking system. Today, Roy applies his system to two models in the
Value Letter.