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ex-dividend Definition

ex-dividend (eks divə dend′, -dənd)

adjective

designating a period during which the buyers of a company's stock are not entitled to receive a forthcoming dividend

adverb

without the buyers being entitled to the forthcoming dividend stock selling ex-dividend

ex-dividend Usage Examples

Converse of object

go: The shares will go ex-dividend on 30th August 2006.

Adjective modifier

special: The abolition of special ex-dividend trading The " special ex-dividend " period is the period of 21 calendar days prior to the ex-dividend date.

Modifies a noun

  • date: A short CFD holder will be charged on the ex-dividend date with the gross dividend by way of a debit to the account.
  • period: Thereafter parties to a transaction may only agree to settle trades on an ex-dividend basis during the ex-dividend period.
  • basis: Thereafter parties to a transaction may only agree to settle trades on an ex-dividend basis during the ex-dividend period.
  • share: Ex-dividend shares do not qualify for the next payable dividend.

Used with adjective complement

  • declare: The shares will be declared ex-dividend on 1 October 2003.
  • quote: The ordinary shares will be quoted ex-dividend on 30 October 2002.
  • sell: Ex-dividend If a share is sold ex-dividend the seller will receive the dividend declared just before it was sold.

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