Exchange Currency

reinvestment date

The first day of the ex-dividend period. The reinvestment date was created to allow all pending transactions to be completed before the record date. If an investor does not own the stock before the reinvestment date, he or she will be ineligible for the dividend payout. Further, for all pending transactions that have not been completed by the reinvestment date, the exchanges automatically reduce the price of the stock by the amount of the dividend. This is done because a dividend payout automatically reduces the value of the company (it comes from the company's cash reserves), and the investor would have to absorb that reduction in value (because neither the buyer nor the seller are eligible for the dividend). also called ex-dividend date.

Related information about reinvestment date:
  1. What is reinvestment date? definition and meaning
    Definition of reinvestment date: The first day of the ex-dividend period. The reinvestment date was created to allow all pending transactions to be completed ...
     
  2. Reinvestment Date - Financial Dictionary - The Free Dictionary
    The date on which an investment's dividend or capital gains income is reinvested , if requested by the shareholder, to purchase additional shares. Also known as ...
     
  3. Ex-dividend date - Wikipedia, the free encyclopedia
    The ex-dividend date, also known as the reinvestment date, is an investment term involving the timing of payment of dividends on stocks of corporations, income ...
     
  4. Dividend Distributions for Mutual Funds - T. Rowe Price
    Record Date, Ex-Dividend/ Reinvestment Date, Payment Date. Taxable Bond and Money Market Funds. Corporate Income Floating Rate GNMA High Yield ...
     
  5. What is reinvestment date? - ADVFN.com
    reinvestment date - definition of reinvestment date. ADVFN's comprehensive investing glossary. Money word definitions on nearly any aspect of the market.
     
  6. Mutual Fund Dividend and Capital Gain Distributions - PIMCO
    it, is based on the record date, the ex-dividend date, the reinvestment date and the ... Reinvestment Date: The date on which the distribution proceeds will be ...
     
  7. EQUITY DIVIDEND REINVESTMENT SERVICE AGREEMENT
    obtain immediate information regarding a dividend reinvestment transaction on the day after the reinvestment date by calling my broker-dealer. 8. Continuing ...
     
  8. Automatic Dividend Reinvestment and Stock ... - Media General
    investment date or to the next dividend reinvestment date if that date occurs ... regular monthly investment date or the dividend reinvestment date, while still ...