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 ?
The dividend is payable on July 15, 2014 to depositary shareholders of record as of July 1, 2014, with an ex-dividend date of June 27, 2014.
As a result, shareholders who sell their shares prior to the March 27, 2012, ex-dividend date will also be selling their right to receive the special dividend.
Aware Inc (Nasdaq:AWRE), a supplier of biometrics software and DSL service assurance products, said on Monday that it has been notified by Nasdaq that an ex-dividend date of 18 December 2012 has been established for the company's special cash dividend.
According to the company, the new and correct ex-dividend date for this cash distribution is now 5 November 2012 from the previously reported incorrect ex-dividend date of 2 November 2012 .
Designer and manufacturer of custom engineered products, Kaydon Corporation (NYSE:KDN) stated on Wednesday that 27 March 2012 was established as the ex-dividend date for its common special dividend of USD10.
The dividend for November will be paid on 30 November 2011 to shareholders of record as of 15 November 2011 and the ex-dividend date is 10 November 2011; all shareholders of record as of 15 December 2011 will receive the December dividend on 30 December 2011 to and the ex-dividend date is 13 December 2011.
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.
The August dividend will be paid on 31 August 2011 to shareholders of record as of 15 August 2011 and the ex-dividend date is 11 August 2011.
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).
The distribution for June will be paid on 24 June 2011 to all shareholders of record as of 17 June 2011 and the ex-dividend date is 15 June 2011.
The distribution for June, with an ex-dividend date of 15 June 2011, will be paid on 24 June 2011 to all shareholders of record as of 17 June 2011.
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.