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