Dividend Calendar Strategies

Overview

Dividend calendars track ex-dividend dates, record dates, and payment dates. Strategic use of these calendars helps income investors optimise cash flow and avoid common timing mistakes. Learn how dividends affect options pricing — especially covered calls — in the covered call calculator guide. For a broader income-investing perspective, explore the dividends academy and screen for high-yield opportunities with the stock screener.

Key Takeaways

• You must own shares before the ex-dividend date to receive the dividend
• Stock prices typically drop by the dividend amount on the ex-date
• Dividend capture strategies buy before ex-date and sell shortly after
• Covered call sellers face early assignment risk around ex-dividend dates

Practical Tips

• Plan purchases at least two business days before the ex-date
• Evaluate whether the dividend yield justifies the ex-date price drop
• Use dividend calendars to stagger income across months for regular cash flow