Ex-Dividend Share

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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.
References in periodicals archive ?
We see an attractive opportunity to buy ex-dividend shares.
Of the ex-dividend shares, utility stock National Grid Transco dropped 16.
Each 3 Royale Belge ex-dividend shares tendered will be exchanged for: