# Declaration Date - Ex-Dividend Date

**URL:** <https://community.trading212.com/t/declaration-date-ex-dividend-date/14465>\
**Category:** 📊 Investing\
**Created:** [July 25, 2020, 5:38pm UTC](https://community.trading212.com/t/declaration-date-ex-dividend-date/14465 "2020-07-25T17:38:11Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![Jimmy1](https://avatars.discourse-cdn.com/v4/letter/j/ea666f/32.png) [@Jimmy1](https://community.trading212.com/u/Jimmy1)\
**Post date:** [July 25, 2020, 5:38pm UTC](https://community.trading212.com/t/declaration-date-ex-dividend-date/14465/1 "2020-07-25T17:38:12Z")

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Want to clarify the difference between Declaration Date and Ex-Dividend Date.

I am correct, if I own/buy stocks before the Ex-Dividend Date I should be eligible to dividend? Or is it the Declaration Date that I should own/buy the stock?

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**Author:** ![Richard.W](https://avatars.discourse-cdn.com/v4/letter/r/b782af/32.png) [@Richard.W](https://community.trading212.com/u/Richard.W)\
**Post date:** [July 25, 2020, 6:15pm UTC](https://community.trading212.com/t/declaration-date-ex-dividend-date/14465/2 "2020-07-25T18:15:04Z")

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> [@Jimmy1](#):
>
> I am correct, if I own/buy stocks before the Ex-Dividend Date I should be eligible to dividend?

Correct…

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**Author:** ![SWPhilosophy](https://avatars.discourse-cdn.com/v4/letter/s/7feea3/32.png) [@SWPhilosophy](https://community.trading212.com/u/SWPhilosophy)\
**Post date:** [July 25, 2020, 9:54pm UTC](https://community.trading212.com/t/declaration-date-ex-dividend-date/14465/3 "2020-07-25T21:54:50Z")

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Strictly: you must own the stock at the open on the ex-dividend date

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**Author:** ![Spacebar](https://avatars.discourse-cdn.com/v4/letter/s/a3d4f5/32.png) [@Spacebar](https://community.trading212.com/u/Spacebar)\
**Post date:** [July 27, 2020, 11:35am UTC](https://community.trading212.com/t/declaration-date-ex-dividend-date/14465/4 "2020-07-27T11:35:36Z")

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And at the same time, market open, the value of the divided is taken out of the share value. (equity taken out of the share value is moved to dividend payout)