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. Used in the context of general equities. It is the interval between the record date and the payment date during which the stock trades without its dividend -- the buyer of a stock selling ex-dividend does not receive the recently declared dividend. Antithesis of cum dividend.
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. used in the context of general equities. it is the interval between the record date and the payment date during which the stock trades without its dividend -- the buyer of a stock selling ex-dividend does not receive the recently declared dividend. antithesis of cum dividend.
Ex-dividend