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Originally Posted by rydogg58
From what I recall, the stock price will drop by the amount of the quarterly dividend payout amount the last day you are eliguble to get a dividend. As far as I know, there is no set amount of time you have to own the stock, other than 2 business days prior to that date.
I bought Coke stock a day or 2 before this last dividend payment which was on 7/1 and still got the dividend payment on it.
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Sure, but the dividend is factored into the price as of the ex-dividend date, so you aren't getting any kind of windfall.
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