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Ex dividend

• This literally means without dividend. The buyer of shares when they are quoted ex-dividend is not entitled to receive a declared dividend.

• Period beginning two business days prior to the date of record during which a stock will be sold without the right to receive the current dividend.

• Refers to a transaction which the new purchaser of a stock is not entitled to the recently declared dividend. This occurs because the new purchaser did not own the security on the record date.

 
 

Follow this link for all the terms related to dividend.

 
 Embedded terms in definition
 Date of record
Dividend
Record date
Right
Security
Shares
Stock
Will
Without
 
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