Inergy, L.P. Message Board

This should answer your question.

KANSAS CITY, Mo.--(BUSINESS WIRE)-- The Board of Directors of Inergy GP, LLC, general partner of Inergy, L.P. (NYSE:NRGY - News) (“Inergy”), announced that it has declared the company’s quarterly cash distribution of $0.705 per limited partner unit ($2.82 annually) for the quarter ended December 31, 2011. The distribution will be paid on February 14, 2012, to unitholders of record as of February 7, 2012.

Record date and ex div date are different. Record date is date the trades are settled. Ex date is usually 3-4 days earlier dep on weekends holidays etc.