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If I own stock that pays dividends quarterly when should I expect to receive my dividends throughout the year?
If I own stock that pays dividends quarterly when should I expect to receive my dividends throughout the year?
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superdadbrad 12:03 pm on January 23, 2010
Each company operates on a slightly different fiscal calendar. So, you’d have to investigate BP specifically to find that answer. Their website should have that answer, probably under Investor Relations.
To really build wealth of the long term you should consider a Dividend Reinvestment Plan (DRIP). Those dividends would be used to purchase more BP stock. Over time your original investment of 100 shares, for example, turns into 110 then 150 then 200, etc. It’s like compound interest on steroids.
Information regarding a DRIP:
http://www.ehow.com/how_5289084_enroll-dividend-reinvestment-plan.html
Jim L 12:03 pm on January 23, 2010
Go to BP’s website, to the investor relations section. There you will find the ex-dividend date and payout date. Also, you can go to http://www.google.com/finance and get a quote for BP. When the graph comes up, select 1 year for the timeline, then the dividends will appear on the horizontal axis at the bottom on the date they were paid.
jlf 12:03 pm on January 23, 2010
You can find that at BP’s website or just about any financial website including dividend.com.
Max M 12:03 pm on January 23, 2010
You’ll get it in a few weeks on the payout date.
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Shares that pay dividends quarterly