Ex-Dividend date

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Mortgage REIT Journal  Jun 16  Comment 
A number of the mortgage REITs have recently declared their second quarter dividends. Here's a summary for those of you keeping track: Newcastle Investment ( NCT ) declared a second quarter dividend of $0.25/share, unchanged from the prior...
Top Foreign Stocks  May 3  Comment 
In this post, we will list some of the [tag]foreign stocks[/tag] which go ex-dividend this month.Investors looking for some dividends from quality [tag]ADR[/tag] stocks may find this post useful. 1.ARACRUZ CELULOSE S A Ticker:...
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Ex-Dividend Date On or after this date, a security trades ex-dividend, or without a previously declared dividend or distribution. If you sell a stock on or after this day but before the dividend is paid, you (and not the buyer) are entitled to the dividend. (this information according to td ameritrade's glossary)

In other words, the final date dividends will be paid to the owner of the stock. If a stock is sold after that date, all succeeding owners will not receive dividends.

More thorough example on this site: http://www.sec.gov/answers/dividen.htm

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