Ex-Date

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DEFINITION of '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 EXPLAINS 'Ex-Date'

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.

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