Ex-Dividend

What Does Ex-Dividend Mean?
A classification of trading shares when a declared dividend belongs to the seller rather than the buyer. A stock will be given ex-dividend status if a person has been confirmed by the company to receive the dividend payment.

Investopedia explains Ex-Dividend
A stock trades ex-dividend on or after the ex-dividend date (ex-date). At this point, the person who owns the security on the ex-dividend date will be awarded the payment, regardless of who currently holds the stock. After the ex-date has been declared, the stock will usually drop in price by the amount of the expected dividend.

Related Terms

Book Closure
Cum Dividend
Declaration Date
Dividend
Dividend Rollover Plan
Ex-Date
Fugit
Holder of Record
Payment Date
Record Date
More Related Terms

Related Links

Make Ex-Dividends Work For You - Find out how to keep your dividends out of the tax man's hands.
Dissecting Declarations, Ex-Dividends And Record Dates - Understanding the dates of the dividend payout process can be tricky. We clear up the confusion.
Dividend Facts You May Not Know - Discover the issues that complicate these payouts for investors.
How do I find dividend-paying stocks?
Conversion Arbitrage: Dividend Risk And Reward - This stock/options combination helps traders take advantage of market mispricing. Find out how.
If a company moves its dividend record date forward, does the ex-dividend date change too?
If I sell my shares before the ex-dividend date will I still get the dividend?
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