Shareholders who purchase the stock at least one day before the ex-date are eligible for dividends, as the settlement occurs the following day. However, those buying the stock on the ex-date will not qualify for dividends, splits, bonus issues, or similar benefits.
Oil settles up over 1% on large draw from US crude stocks
Brent crude futures rose 91 cents, or 1.2%, to settle at $74.17 per barrel. U.S. West Texas Intermediate crude futures rose 98 cents, or 1.4%,