The ex-dividend date is defined as _____ business day(s) before the date of record.

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06-09-2022
Business

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The ex-dividend date is defined as _____ business day(s) before the date of record.

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Iamakshayidn Iamakshayidn · Answer 1 · 2022-09-09T00:03:13-04:00

One business day before the date of record.

What is meant by dividend ex-date?

The ex-dividend date determines which shareholders will receive the announced dividend of the company on that specific date.
It is the day when the stock of the company goes ex-dividend, meaning the stock from that day does not carry the value associated with its next dividend payment.

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.

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What is meant by dividend ex-date?

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