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Many companies pay dividends to stockholders, which are deposited automatically into investment accounts. Simply owning a stock when a dividend is paid doesn't guarantee you'll receive it. Dates to note include the announcement, ex-dividend, and payment dates. Understanding these dates is crucial when investing in dividend stocks. The declaration date is when the board announces the dividend amount per share. Shareholders don't receive the dividend immediately, giving you time to buy shares before the ex-dividend date.