Payment Date

Payment Date The payment date refers to the date when a stock's dividend is due to be paid to the investor. This date is only true for any shareholders who invested in the stock before the predetermined ex-dividend date. This date is important for investors because it is when they capitalize on any gains that their shares have received, which is one of the main reasons for investing in the first place. Those who did not buy their shares before the ex-dividend date will have to wait for the next payment date to receive their money, which makes buying shares before this date very desirable for investors.