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Quotes of the day:
Drugs are not always necessary, but belief in recovery always is.
Ex-dividend describes a stock that is trading without the value of the next dividend payment. The ex-dividend date or ex-date is the day the stock starts trading without the value of its next dividend payment. Typically, the ex-dividend date for a stock is one business day before the record date, meaning that an investor who buys the stock on its ex-dividend date or later will not be eligible to receive the declared dividend. Rather, the dividend payment is made to whoever owned the stock the day before the ex-dividend date.
Ex-Dividend Date Explained and Dividend Calendar Strategies | Investing 101
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