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English definition of “ex-dividend date”

ex-dividend date

noun [C]     FINANCE
the date before which an investor must buy a share in order to have the right to receive a particular dividend (= payment): If an investor does not own the stock before the ex-dividend date, he or she will be ineligible for the dividend payout.
(Definition of ex-dividend date noun from the Cambridge Business English Dictionary © Cambridge University Press)
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