StockMarketEye has ceased operations on September 26, 2023.
Why?
When we initially purchased the StockMarketEye software, we saw it as a beacon of opportunity and promise. However, taking ownership came with its unique set of challenges. The road was steeper than anticipated, from the extensive resources and time commitment needed for the software’s stabilization and foundational adjustments to the constraints of integrating with new data providers like TwelveData to Yahoo’s ever-changing API policies. Each hurdle was a learning curve, and despite our relentless efforts, some proved insurmountable.
Our aim was to offer the world the best experience for stock market monitoring. The past years have been filled with growth, lessons, and memorable milestones, largely thanks to our customer’s trust and feedback. But, as with most ventures, we faced challenges we didn’t always see coming.
We undertook an ambitious project to integrate TwelveData. This move was our answer to the recurring issues with Yahoo’s API and how much it affected our customer experience. TwelveData seemed like a promising bridge to a paid, more reliable, and smooth service. However, the reality proved more complex than the blueprint. Instead of streamlining our operations, the integration threw in more wrenches than we could handle efficiently.
Adding to this integration hiccup were the ever-mounting operational expenses and the underlying software glitches that we had been tirelessly trying to fix. After much deliberation, introspection, and weighing options, we decided to cease all operations.
Closing this chapter isn’t easy. The end of StockMarketEye signifies more than just a business decision—it’s the end of an era that saw many make informed financial moves, share feedback, and grow alongside us. Our gratitude for our customer’s continuous support, patience, and belief in our vision is deep and immeasurable.
FAQs
The ex-dividend date is the first day of trading in which new shareholders don't have rights to the next dividend disbursem*nt. However, if shareholders continue to hold their stock, they may qualify for the next dividend. If shares are sold on or after the ex-dividend date, they will still receive the dividend.
How long do I have to hold a stock to get the dividend? ›
The ex-dividend date is the first day the stock trades without its dividend, thus ex-dividend. If you want to get the dividend payment, you need to own the stock by this day. That means you have to buy before the end of the day before the ex-dividend date to get the next dividend. In other words, it's the cut-off date.
Is it better to sell stock before or after a dividend? ›
For most people, it is not rational to time delay their share sale to capture a dividend. There are some minor tax consideration, but these will not be material for most people with relatively small shareholdings. Bottom line – if you want to sell your shares, sell them!
Will I get dividends if I buy on an ex-date? ›
The ex-dividend date or "ex-date" is usually one business day before the record date. Investors who purchase a stock on its ex-dividend date or after will not receive the next dividend payment. Instead, the seller gets the dividend. Investors only get dividends if they buy the stock before the ex-dividend date.
Is it better to buy before or after the ex-dividend date? ›
The stock price drops by the amount of the dividend on the ex-dividend date. Remember, the ex-dividend date is the day before the record date. If investors want to receive a stock's dividend, they have to buy shares of stock before the ex-dividend date.
Do stocks always go down on ex-dividend date? ›
The value of a share of stock goes down by about the dividend amount when the stock goes ex-dividend. Investors who own mutual funds, stocks, and other securities should find out the ex-dividend date for those investments and evaluate how the distribution will affect their tax bill.
What is the 60 day dividend rule? ›
A dividend is considered qualified if the shareholder has held a stock for more than 60 days in the 121-day period that began 60 days before the ex-dividend date. 2 The ex-dividend date is one market day before the dividend's record date.
What is the 90 day dividend rule? ›
Preferred stock must have a holding period of at least 90 days during the 181-day time period that begins 90 days before the stock's ex-dividend date. 1. Qualified dividends are taxed at a capital gains tax rate of 0%, 15%, or 20%, which is lower than the normal income tax rate for most individuals.
Can you buy a stock just for the dividend and then sell? ›
“Dividend capture strategy” returns are the trading technique of buying a stock just before the dividend is paid, holding it just long enough to collect the dividend, then selling it. If you can sell it for as much as you paid, you have “captured” the dividend at no cost, other than the transaction costs.
Why does stock price go down when dividend is paid? ›
After a stock goes ex-dividend, the share price typically drops by the amount of the dividend paid to reflect the fact that new shareholders are not entitled to that payment. Dividends paid out as stock instead of cash can dilute earnings, which can also have a negative impact on share prices in the short term.
Dividends might feel like free money, but they're not.
How are dividends taxed? ›
How dividends are taxed depends on your income, filing status and whether the dividend is qualified or nonqualified. Qualified dividends are taxed at 0%, 15% or 20% depending on taxable income and filing status. Nonqualified dividends are taxed as income at rates up to 37%.
How much money do I need to invest to make 3000 a month? ›
Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account. This substantial amount is due to savings accounts' relatively low return rate.
Which company gives the highest dividend? ›
Some of the highest dividend paying stocks in India are Vedanta Ltd., Hindustan Zinc Ltd, Coal India Ltd, T.V. Today Network Ltd, Bhansali Engineering Polymers Ltd, Balmer Lawrie Investment Ltd, Coal India Ltd.
What are the three important dates for dividends? ›
When it comes to investing for dividends, there are three key dates that everyone should memorize. The three dates are the date of declaration, date of record, and date of payment.
Will I get bonus shares if I sell on an ex-date? ›
In India, the delivery of shares into a Demat account takes place two days after the trading date. All existing shareholders before the ex-date and record date are eligible to receive bonus shares issued by a company. However, to qualify for bonus shares, the company stocks must be bought before the ex-date.
Can I sell after hours on ex-dividend date? ›
The ex-dividend date includes extended hours trading both pre-market and after hours (7:00 a.m. ET to 8:00 p.m. ET). Pre-market trading occurs from 7:00 a.m. to 9:30 a.m. After-hours trading on a day with a normal session occurs from 4:00 p.m. to 8:00 p.m. Traders should also take note of the payment date.
What happens to puts on ex-dividend date? ›
When the underlying stock goes ex-dividend, call options will decline and put options will increase in value as the stock price reflects the dividend to be paid.
