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I understand if I buy a stock one day before the ex-dividend date and it settles after the ex-dividend date I don't get the dividend. If I sell a stock the day before the ex-dividend date and it doesn't settle until after the ex-dividend date Who gets the dividend?

marked as duplicate by mhoran_psprep, JoeTaxpayer Aug 6 '16 at 22:13

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Your understanding is incorrect. The date of record is when you have to own the stock by. The ex-dividend date is calculated so that transaction before that date settles in time to get you listed as owner by the date of record.

If you buy the stock before the ex-dividend date, you get the dividend. If you buy it on or after the ex-dividend date, the seller gets the dividend.

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