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

Share ex-dividend

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

the figure or shape of a crescent moon

Get Word of the Day daily email!

Test Your Vocabulary

Late Autumn 2018 Words of the Day Quiz

  • frosted-autumn-leaves
  • Which is a synonym of yahoo?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Add Diction

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!