If a buy 100 shares of a company that has Dividends going out tomarrow, Do I also Collect?

How does this rule work? Intel has dividends coming out very soon, If I bought them, do I collect on those Dividends? I work through Banc of America Investments, do they show the extra cash? How do most brokerage's work this?

When do i find out more about that date?

Intel's next dividend payment date isn't until June 1. The ex-dividend date for that dividend is May 3. What the ex-dividend date means is that it is the first day that you can sell a stock and keep a dividend, and the first day that if you buy a stock, you don't get the dividend. Buy on May 2, get a dividend. Sell on May 2, don't get a dividend. Buy on May 3, don't get a dividend, sell on May 3, get a dividend. So you need to purchase it by May 2, and still be holding it May 3 in order to get the June 1 dividend. Dividends will be credited to your account, usually on the payment date. There are some brokers who delay the payments a couple of days (notably, Scottrade).

A lot of people think you have to buy by the record or payment date to get a dividend. It isn't so. The record date is the day that the company takes a copy of its shareholder list to determine who gets the dividends. However, it takes 3 business days after a trade is done for it to be recorded on the company's record. So in Intel's case, the record date of the next dividend is May 7. If you buy on May 2, the trade records on the registrars books on May 7, and you are a holder of record in time for the dividend. If you buy on May 3, the trade doesn't record until May 8...after the deadline for getting the dividend.

No - there is an ex-dividend date, usually 2 - 3 weeks before the payoff - whoever owned the shares on that date gets the dividend.

Nope all dividend paying stocks have a cutoff date that they recorded all shareholders and they are the ones that get paid the dividends. usually it is 3-4 weeks in advance and sometimes they announce the cutoff date check intels headlines.

No, you have to buy the security on or before the dividend record date. You can find this by reading the prospectus typically found on the companys web page investors link.

You have to buy before the ex-div date. Yahoo Finance will display ex div on the summary page of a quote.

INTC, for example, is going ex div on May 3rd, and will pay on June 1st. You still have plenty of time to buy Intel before the dividend.

Most brokerages simply deposit a dividend as cash into your account.

yahoo finance under the stock research and then company earnings then earings date. If its a stock. If its a mutual fund or ETF better off looking that particulars funds website.