Shanghai Diesel Engine Co., Ltd. (SDEC) is the leading manufacturer of diesel engines in China. Our strict emphasis on quality is combined with the latest technology to offer our customers a competitive edge. Since its inception, the company has established a reputation for itself as a supplier of quality products.
In 2012, Apple stock reinstated its dividends with a quarterly payout of $0.3786 per share (split adjusted). With the latest dividend hike in April 2016, the number is now at $0.57 per share. Thatâs a compound annual growth rate (CAGR) of 10.7%!
Consider an example. Assume company Alpha has declared a dividend of $1 payable on May 1, 2015 to shareholders of record as of April 10, 2015. The record date is therefore April 10, 2015 and the ex-dividend date is two business days before the record date, or April 8, 2015.If Sam wishes to receive the dividend of $1 per Alpha share, she should buy the stock before its ex-dividend date.If she buys Alpha shares on April 7, her trade will settle on April 10; since she is a shareholder of record as of April 10, she will receive the dividend.he ex-dividend date is set for stocks two business days before the record date. It is also important to account for the U.S. T+3 system for the settlement of stocks, which stipulates that it takes three business days to fully process a transaction.