EX DIVIDEND
ex dividend: translation
cf. ex couponThe trading status of a bond or share such that the seller of the bond or share retains the right to receive the next interest or dividend ( dividends) payment. The alternative is cum dividend or cum interest, when the purchaser has the right to receive the next interest or dividend payment. Dresdner Kleinwort Wasserstein financial glossary
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A stock or share sold without the right to the recently declared dividend. A stock quoted ex dividend has the amount of the dividend which is about to be paid deducted from the price. Exchange Handbook Glossary
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Trading has previously commenced " ex" capitalisation on this stock today. London Stock Exchange Glossary
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ex dividend ex dividend ➔ ex1