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URL:  http://boards.fool.com/excuse-me-phil-but-i-believe-the-ex-dividend-date-30293002.aspx

Subject:  Re: Dividend To Ex-Dividend Status Date:  10/1/2012  1:28 PM
Author:  pauleckler Number:  259378 of 266127

Excuse me Phil, but I believe the ex-dividend date is three days prior to the record date. That is because if you trade a stock today, the settlement date is the third business day. On settlement date, the buyer becomes owner of record. Hence, you must buy three days before the record date or before to get the dividend.
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