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Ex-Dividend Share
(redirected from Ex-Dividend Shares)

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Ex-Dividend Share
A share in a stock sold after a dividend has been announced but before it has been distributed. When a security is sold ex-dividend, the dividend remains with the seller. Selling ex-dividend almost invariably reduces the price for which the security is sold by the amount of the dividend. See also: Cum dividend, Ex-dividend date.


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Of the ex-dividend shares, utility stock National Grid Transco dropped 16.
Each 3 Royale Belge ex-dividend shares tendered will be exchanged for: -- 5 newly issued AXA-UAP ex-dividend shares -- 1 Contingent Value Right (see AXA's 5/5/98 press release) -- a cash adjustment of BEF 21,513 (or FF 3,497) The results of the Offer will be released on June 25, 1998.
 
 
 
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