ex-dividend date


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Related to ex-dividend date: Record date

Ex-dividend date

The first day of trading when the buyer of a stock is no longer entitled to the most recently announced dividend payment ( i.e. the trade will settle the day after the record date, too late for the buyer to appear on the shareholder record and receive the dividend.) The date set by the NYSE (and generally followed on other U.S. exchanges) is currently two business days before the record date. A stock that has gone ex-dividend is denoted by an x in newspaper listings on that date.

Ex-Dividend Date

The date on which any dividend on a stock that has been declared but not distributed belongs legally to the seller, rather than the buyer. That is, when one sells a stock on or after the ex-dividend date, it will go to the seller when the next dividend comes. On the other hand, if it is sold before the ex-dividend date, the dividend will go to the buyer.

ex-dividend date

The first day of trading when the seller, rather than the buyer, of a stock will be entitled to the most recently announced dividend payment. The length of time ensuing between the ex-dividend date and the date of actual payment may be up to a month.
References in periodicals archive ?
No Ordinary Share transfers between the Company's US and Israeli registers will be permitted from June 30, 2006 through and including July 6, 2006, in order to avoid any confusion that may result from the different ex-dividend dates on the American Stock Exchange and the Tel Aviv Stock Exchange.
Between the record date and the ex-dividend date the shares trade with a due-bill representing the special dividend.
We refer to the press release issued on December 22nd 2004, where it is stated that the tentative ex-dividend date on the New York Stock Exchange in connection with the demerger of Golden Ocean Group Limited is December 23rd.
A dividend will be payable on October 10, 2008 to stockholders of record on September 30, 2008; the ex-dividend date with respect to such dividend will be September 26, 2008.
NEW YORK -- First graph, second sentence of release dated April 29, 2008 should read: The ex-dividend date is May 9, 2008 (sted May 29, 2008).
A dividend will be payable on April 11, 2008 to stockholders of record on March 31, 2008; the ex-dividend date with respect to such dividend will be March 27, 2008.
para]]This announcement replaces the Dividend Declaration announcement made on 18 June 2015 which contained an incorrect ex-dividend date for the fourth interim dividend.
On January 30, 2008, the NYSE set an ex-dividend date of January 31, 2008.
025 per share will be payable on January 11, 2008 to stockholders of record on December 31, 2007; the ex-dividend date with respect to such dividend will be December 27, 2007.