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.
To learn more about Ex-data, refer
to https://brainly.com/question/24448358
#SPJ4