ex dividend
Known as Ex div or xd. A term used in share listings to denote that the share is sold without the right to receive the dividend payment which is marked as due to those shareholders who are on the share register at a pre-announced date. This is the opposite of cum dividend.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


ex dividend
A phrase used by stockbrokers that denotes that a stock is sold without the purchaser receiving the right to own its recently declared dividend which has not yet been paid to the stockholders.

Dictionary from West's Encyclopedia of American Law. 2005.


ex dividend
A phrase used by stockbrokers that denotes that a stock is sold without the purchaser receiving the right to own its recently declared dividend which has not yet been paid to the stockholders.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • ex–dividend — / eks / adv or adj: without a dividend ◇ A stock is said to be sold “ex dividend” when the sale occurs just before the next dividend on the stock is due to be paid, so that the payment date comes after the order to buy is executed but before the… …   Law dictionary

  • ex-dividend — [eks div′ə dend΄, eks div′ədənd] adj. designating a period during which the buyers of a company s stock are not entitled to receive a forthcoming dividend adv. without the buyers being entitled to the forthcoming dividend [stock selling ex… …   Universalium

  • ex-dividend — [eks div′ə dend΄, eks div′ədənd] adj. designating a period during which the buyers of a company s stock are not entitled to receive a forthcoming dividend adv. without the buyers being entitled to the forthcoming dividend [stock selling ex… …   English World dictionary

  • ex-dividend — n. Without dividend; the condition of a stock sold without a recently declared dividend, which is retained by the seller. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • ex-dividend — This literally means without dividend. The buyer of shares when they are quoted ex dividend is not entitled to receive a declared dividend. It is the interval between the record date and the payment date during which the stock trades without its… …   Financial and business terms

  • ex dividend — A synonym for without dividend. The buyer of a stock selling ex dividend does not receive the recently declared dividend. Said of a stock at the time when the declared dividend becomes the property of the person who owned the stock on the record… …   Black's law dictionary

  • ex dividend — A synonym for without dividend. The buyer of a stock selling ex dividend does not receive the recently declared dividend. Said of a stock at the time when the declared dividend becomes the property of the person who owned the stock on the record… …   Black's law dictionary

  • Ex-dividend — This literally means without dividend. The buyer of shares when they are quoted ex dividend is not entitled to receive a declared dividend. The New York Times Financial Glossary * * *    This indicates shares that have been bought without the… …   Financial and business terms

  • Ex-Dividend — A classification of trading shares when a declared dividend belongs to the seller rather than the buyer. A stock will be given ex dividend status if a person has been confirmed by the company to receive the dividend payment. A stock trades ex… …   Investment dictionary

  • ex dividend — 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… …   Financial and business terms

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