In this example, the record date falls on a Tuesday.
Required holding periodFor the dividend to be considered qualified, you are required to hold the underlying shares of stock for a certain period. The dividend income from the 8,000 shares held at least 61 days should be qualified dividend income. Ex-Dividend shock comes from purchasing a stock to late in the chain of paperwork. In this example, Dee has received a qualified dividend. In this example, the record date falls on a Tuesday.