Meaning of “ex-dividend date” in the English Dictionary

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"ex-dividend date" in Business English

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ex-dividend datenoun [ C ]


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” from the Cambridge Business English Dictionary © Cambridge University Press)