When is the cutoff date for buying a stock to get its dividend? When do I get my dividend? For investors, the answers to these questions aren't always clear. We'll discuss how the cutoff date– called the ex-dividend date– works and discuss other crucial dates related to dividends: the statement date, record date, and payment date.
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Dividend Dates Explained
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Are dividends taxable income? Just in case people want to know 😉
Yes it is.
They’re typically taxed at a lower rate than wages or interest, though. (Subject to many rules.)
Thank you for the education.
Unearned income such as dividends are taxable, to be sure, check with the State where you live.