When is the ex-dividend date


On Friday, December 10, Gatter Electric Co.'s board of directors declared a dividend of 75 cents per share payable on Wednesday, January 18, to shareholders of record as of Wednesday, January 4. When is the ex-dividend date? If a shareholder buys stock before that date, who gets the dividends on those shares, the buyer or the seller?

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Finance Basics: When is the ex-dividend date
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