Home  | Term of the Day | |||
| ex-dividend A security which no longer carries the right to the most recently declared dividend; or the period of time between the announcement of the dividend and the payment. A security becomes ex-dividend on the ex-dividend date (set by the NASD), which is usually two business days before the record date (set by the company issuing the dividend). For transactions during the ex-dividend period, the ... | ||||
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| Usage Example The ex-dividend was mentioned during the shareholder meeting as the individual wanted an immediate dividend but we had informed him otherwise. | ||||
Term of the Day
Lobo- Moderator
- Posts : 28411
Join date : 2013-01-12
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