Ex-Date
The date on or after which a security is traded without a previously declared dividend or distribution. After the ex-date, a stock is said to trade ex-dividend. Investopedia Says:
This is the date on which the seller, and not the buyer, of a stock will be entitled to a recently announced dividend. The ex-date is usually two business days before the record date. It is indicated in newspaper listings with an x. Related Terms:
Book Closure
Cum Dividend
Declaration Date
Dividend
Dividend Rollover Plan
Ex-Dividend
Holder of Record
Payment Date
Record Date
Unpaid Dividend |