RE:Ex-Dividend Date: Sept 2Migraine said "Too late to buy more today, as it goes by settlement date not purchase date. Yesterday was the cutoff for a buy"
NOT TRUE. Sept 2 is the ex-dividend date which means the stock trades "with dividend" today.
Stocks now trade on 2 day settlement as opposed to 3 day settlement used in the past.
The record date is the day after the ex-dividend date which in this case will be Sept 3 which means that anyone who owns the shares at the end of trading today gets the dividend.