It can be very confusing for new investors to determine the ex-dividend date. However, it is usually straightforward. The ex-dividend date is simply two business days prior to the record date. The last day to buy the stock and get entitled for the dividend is one day before the ex-dividend date.
The record date does not matter because to receive the dividend one must own the stock before the close of business on the day before the ex-dividend date. The trade settlement works only this way, and your name will be appear on the company’s registers three business days later on the record date. Therefore, if anyone purchase on or after the ex-dividend date, he won’t be able to get the dividend because the trade will not settle until one business day after the record date.[article_detail_ad_1]
On the other hand, if you sell either on or after the ex-dividend date, you will still be entitled to receive the dividend because that transaction will not settle until after the record date. Stocks discussed below are approaching their ex-dividend dates on December 19, 2012.
QCR Holdings, Inc. (NASDAQ:QCRH) has been paying dividend since 2002 and made 2 payments in last 12 months. The company now holds an annual dividend yield of 0.60%. The stock floated between $13.20 and $13.56 during the last session, leaving market capitalization at $64.69 million. QCR Holdings, Inc., through its subsidiaries, provides commercial and consumer banking, and trust and asset management services for the Quad Cities, Cedar Rapids, and Rockford communities.
Minerals Technologies Inc (NYSE:MTX) a resource and technology based company, produces and markets a range of specialty mineral, mineral-based, and synthetic mineral products; and supporting systems and services worldwide. Minerals Technologies Inc first paid dividend in 1993 and currently has a dividend yield of 0.53%. The stock in the past 52 weeks has been trading in the range of $27.50 – $38.87. The market value of this company has reached $1.34 billion.
LTC Properties Inc (NYSE:LTC) started paying dividend in 1946 and now provides a dividend yield of 5.3%. The stock changed hand between $43.36 and $61.20 in the last trading session. After latest close, its market capitalization was $8.08 billion. LTC Properties, Inc. operates as a health care real estate investment trust (REIT) in the United States.
Jefferies Group, Inc. (NYSE:JEF) maintains a payout ratio of 28.49%. The stock over the last 52 weeks has been trading between $11.59 and $19.82. Its market value now stands at $3.68 billion. Jefferies Group, Inc., together with its subsidiaries, operates as a securities and investment banking company in the Americas, Europe, and Asia.
Eagle Materials, Inc. (NYSE:EXP) manufactures and distributes building products used in residential, industrial, commercial, and infrastructure construction in the United States. Eagle Materials, Inc. announced dividend for the first time in 1996. The company has its current annual dividend yield is 0.72%.
The Chubb Corporation (NYSE:CB) through its subsidiaries, provides property and casualty insurance to businesses and individuals. The Chubb Corporation first paid dividend in 1984 and currently has a dividend yield of 2.15%. The stock in the past 52 weeks has been trading in the range of $66.38 – $81.80. The market value of this company has reached $19.94 billion.