ex-dividend
- Refers to a period where a security or stock is sold without a declared dividend belonging to the seller, not the buyer
- The stock was sold ex-dividend, hence the previous shareholder, not the new buyer, received the dividends.
- Some investors chose to hold onto their stocks until the ex-dividend date passed.
- After the ex-dividend period, the price of the stock usually decreases by the amount of the dividend.
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