Ex-Dividend Date Definition

Below please find a definition of “Ex-Dividend Date”

Financial Analysis Training & Glossary TermsEx-Dividend Date:

(1) In the US stock market, the first day of trading when the seller, rather than the buyer, of a stock will be entitled to the most recently announced dividend payment. This date set by the NYSE (and generally followed on other US exchanges) is currently two business days before the record date. A stock that has gone ex-dividend is marked with an “x” in newspaper listings on that date.

(2) When used in reference to mutual funds, the ex-dividend date is the date on which declared distributions (dividends or capital gains) are deducted from the fund’s assets before it calculates its net asset value (NAV). The NAV per share will drop by the amount of the distribution per share.

Free MP3 Download:  To download our free 35 minute audio interview with expert Richard C. Wilson on how to succeed in the field of finance please click here.

Fast Financial Training: If you want to take your finance or business career to the next level you should explore our financial analysis certification program, or our training programs on financial modeling, investment banking, hedge funds, or private equity. All of these programs are offered on http://BusinessTraining.com

Expand Your Financial Vocabulary: Read more finance terms and definitions

Tags:  Ex Dividend Date, Ex Dividend Dates, What is a Ex Dividend Date?, Define Ex Dividend Date, Ex Dividend Date Definition, what are Ex Dividend Dates, Ex Dividend Date Example, Types of Ex Dividend Dates

About Richard Wilson