Ex Dividend(redirected from Ex-dividend)
Also found in: Dictionary, Financial, Acronyms.
A phrase used by stockbrokers that denotes that a stock is sold without the purchaser receiving the right to own its recently declared dividend which has not yet been paid to the stockholders.
The seller of a stock sold ex dividend retains the right to receive payment of the declared dividend. The purchaser of such a stock usually buys it at a price that is reduced by the amount of the dividend to be paid to the seller.