{"id":45266,"date":"2023-04-05T14:25:28","date_gmt":"2023-04-05T12:25:28","guid":{"rendered":"https:\/\/staging.captrader.com\/glossar\/dividendenberechtigung\/"},"modified":"2024-03-24T15:11:15","modified_gmt":"2024-03-24T14:11:15","slug":"dividend-entitlement","status":"publish","type":"glossar","link":"https:\/\/www.captrader.com\/en\/glossar\/dividendenberechtigung\/","title":{"rendered":"Dividend entitlement"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The distribution of a dividend is often a decision criterion for shareholders when selecting shares. If a company pays out part of its profits as a dividend, this is usually done once a year in Germany and quarterly in the USA. In order to be a shareholder&nbsp;<strong>entitled to dividend<\/strong>&nbsp;certain cut-off dates must be observed.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What does dividend entitlement mean?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As&nbsp;<strong>Dividend entitlement<\/strong>&nbsp;is the right of a shareholder to receive a dividend when the company pays out a dividend. As an investor, it is important to note that there are different dividends depending on the country.&nbsp;<strong>Deadlines<\/strong>&nbsp;The dividend is calculated on the basis of the date on which the share must be held in the securities account in order to be entitled to a dividend.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Dividend record date in Germany<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In Germany <a href=\"https:\/\/www.captrader.com\/en\/glossary\/dividend\/\" target=\"_blank\" rel=\"noreferrer noopener\">Dividends<\/a> no later than the third business day after the <a href=\"https:\/\/www.captrader.com\/en\/blog\/annual-general-meeting-henkel-2023\/\" target=\"_blank\" rel=\"noreferrer noopener\">Annual General Meeting<\/a> paid out. The dividend resolution is passed at the Annual General Meeting.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The&nbsp;<strong>Day of the general meeting<\/strong>&nbsp;is considered at the same time&nbsp;<strong>Dividend record date<\/strong>The latest date on which the share must be purchased in order to be entitled to a dividend. On the day after the Annual General Meeting, the dividend is deducted on the ex-dividend day.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Dividend record date for foreign shares (USA)<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Even in the case of foreign shares, a share must&nbsp;<a href=\"https:\/\/www.captrader.com\/en\/glossary\/ex-dividend-and-ex-day\/\" target=\"_blank\" rel=\"noreferrer noopener\">before ex day<\/a>&nbsp;in the portfolio so that a shareholder can benefit from a dividend payout. Since, for example, in the&nbsp;<strong>USA<\/strong>&nbsp;dividends are usually distributed on a quarterly basis, however, it does not make sense to use the date of the Annual General Meeting as a reference.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Rather, the task here is to identify the so-called&nbsp;<strong>\"<\/strong><a href=\"https:\/\/www.captrader.com\/en\/glossary\/record-date\/\" target=\"_blank\" rel=\"noreferrer noopener\">Record Date<\/a><strong>\"<\/strong>&nbsp;to note. In the USA, a person is entitled to a dividend if he or she owns the shares of the relevant company two days before the record date or one day before the ex date. The ex-dividend date is one day before the record date. (Since companies sometimes only publish the record date, it is necessary to be able to calculate the ex-date yourself).<\/p>","protected":false},"author":20,"featured_media":0,"template":"","class_list":["post-45266","glossar","type-glossar","status-publish","hentry"],"acf":{"blog_summary":"","blog_faq_schalter":"nein","faq_uberschrift":"","blog_faq_loop":null},"_links":{"self":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/glossar\/45266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/types\/glossar"}],"author":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/users\/20"}],"wp:attachment":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media?parent=45266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}