Ex-Dividend Date
Definition
What is Ex-Dividend Date?
The first trading date on which a buyer is not entitled to the next declared dividendA payment made from a company's profits to eligible shareholders..
Example in practice
How This Looks in Practice
An investorA person or organisation that commits capital with the expectation of a financial return. buying on or after the ex-dividend date will not receive the upcoming payment.
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Related Terms
Rights Issue
An offer allowing existing shareholders to buy additional shares, usually in proportion to their holdings.
Corporate ActionsBonus Issue
An issue of additional shares to existing shareholders without a cash payment.
Corporate ActionsStock Split
An increase in the number of shares accompanied by a proportional reduction in price per share, leaving total value initially unchanged.
Corporate GovernanceProxy Vote
A vote cast by another person or electronically on behalf of a shareholder.