ex-dividend

adverb or adjective
\ ˈeks- \

Legal Definition of ex-dividend

: without a dividend

Note: 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 stock changes hands. In such cases, the dividend is paid to the seller, and the price of the stock is reduced by an appropriate amount.

Learn More about ex-dividend

Cite this Entry

“Ex-dividend.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/ex-dividend. Accessed 27 Nov. 2020.

Comments on ex-dividend

What made you want to look up ex-dividend? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

Test Your Vocabulary

A Thanksgiving Word Quiz

  • a traditional thanksgiving dinner
  • November comes from a word for which of the following numbers?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Dictionary Devil

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!