Meaning of ex dividend | Babel Free

Definitions

Of a declared dividend, belonging to the seller rather than the buyer.

not-comparable

Examples

“With respect to the cash dividend on the preferred stock, the Exchange fixed an ex-dividend date of May 1, 1975 (the ex-dividend date).”

“The ex-dividend date is three business days before the record date. Ex-dividend means without the dividend. The ex-dividend date convention assigns the dividend to the buyer or seller as follows: A buyer in a transaction that occurs before the ex-dividend date is entitled to receive the dividend and the seller is not; a seller in a transaction that occurs on or after the ex-dividend date is entitled to keep the dividend.”

CEFR level