Ex Dividend Date <Back to Last Page>     <Full Glossary>

Definition of Ex Dividend Date: Firms pay dividends to those who are shareholders on a certain date. The next day is called the ex dividend date. People who own no shares until the ex dividend date do not receive the dividend. The price of the stocks is often adjusted downward before the start of trading on the ex dividend date because to compensate for this. (Econterms)

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