Ex-dividend - definition of term

When a stock begins to trade Ex-Dividend, the holder does not receive the recently declared, but not yet paid, dividend. Once declared by the Board of Directors, dividends are payable on a predetermined date to all of the shareholders who are identified on the books as of a specified date, which is called the record date.

Exchange
Execute an order
Ex-dividend in our glossary: terms and definitions

.  Be sure to use our resources to the full!  Just follow the link below:

Ex-dividend at assetman.net