Ex-Dividend – SharesInv.com

For Your Information | 22 October 2008

Ex-Dividend

Ex-refers to a period of time immediately before a dividend is paid, during which new buyers in the stock are not entitled to receive the dividend. A stock’s price is revised lower to reflect the dividend value on the first day of this period. On that day, a stock is said to “go ex-dividend”, which literally means “without dividend.”

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