Notification Service Website
- Ex-Div Calendar
Calendar presents a list of the preferred stocks and Exchange
Traded Debt Securities that, per their prospectus, should have a
dividend declared this month by the issuing company (a portion of the
Ex-Div Calendar for March 2015 is shown below).
ex-dividend date shown is for the most recently declared dividend. The
list also includes called issues that will pay their final dividend this
month and new issues that should declare their first dividend this
Calendar is a powerful tool for both buyers and sellers. There is more
upward pressure on the market price of a preferred stock that is closer
to its dividend pay day (the 'ex-dividend date') than an otherwise
identical preferred stock that is further away (this due to the 'time
value of money'). So buyers can often find good prices just after the
ex-dividend date passes.
market prices tend to be their highest for the quarter just prior to the
ex-dividend date which can provide an opportunity for those considering
Calendar, sorted by the ex-dividend date, shows buyers and sellers which
days to check market prices and does so in advance.
Calendar for any month can be generated by clicking on the corresponding schedule link
seen just above the table.