Ex-Dividends

[TopRamenTrader]

After reading some wiki and investopedia. I am starting to understand this @dat99 that was a pretty good explanation. but what i'm confused about is after the ex -dividend date for example 8/14/2014 those who bought before that day. Will receive their div days or weeks later. But then the cycle starts over again right? so after the payment if i were to buy stock i would receive dividends on the next ex div date?