Ex Dividend

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Related to Ex-dividend date: Record date

Ex Dividend

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.

References in periodicals archive ?
In addition, the ex-dividend date for TSMC American Depositary Shares (ADSs) will be December 19.
The distributions will be made on 1 October 2019 and 1 November 2019 to shareholders of record dates on 20 September 2019 and 23 October 2019 and the ex-dividend dates are 19 September and 22 October 2019.
The dividend will be paid on April 25, 2019 to stockholders of record on April 1, 2019, with an ex-dividend date of March 29, 2019.
The dividend will be paid on July 26, 2018 to stockholders of record on June 27, 2018, with an ex-dividend date of June 26, 2018.
Investors must own a stock before the ex-dividend date in order to receive payment.
Per a Wall Street Journal report, key market data for AEV as of July 15, 2016 are: P/E ratio (TTM), 23.83x; EPS (TTM), P3.36; market cap, P445.24 billion; shares outstanding, 5.56 billion; public float, 1.55 billion; yield as of July 15, 2016, 1.33 percent; latest dividend P0.35 (April 19, 2016); ex-dividend date, March 17, 2016.
Accordingly, dividend reinvestment will be based on the unit NAV of April 3, 2014; while dividend pay-out in the form of cash will be paid out within 12 business days from the ex-dividend date.
For Commercial Bank of Qatar, the investment bank reported, "We adjust our fair value per share of the Commercial Bank of Qatar (CBQ) from QAR 73.90 to QAR 61.60 to incorporate the 20 per cent bonus share for which the ex-dividend date was 18 March 2014.
That opens up a window of time extending from February 17 (60 days before the ex-dividend date) to June 17, 121 days later.
The reduced rate does not apply to a dividend on stock held by the taxpayer for 60 days or less of the 120-day period that begins 60 days before the ex-dividend date. Further, the reduced rate does not apply to the extent the taxpayer is obligated to make related payments (e.g., payments in lieu of dividends) for positions in substantially similar or related property.
Stockholders of record date as on 27 September 2019 will receive the dividend payment on 31 October 2019 and the ex-dividend date is 26 September 2019.
The Company believes that the ex-dividend date will be Monday, January 28, 2019 by application of FINRA Uniform Practice Code rules which provide ex-dividend date for dividends of less than 25 percent of the value a company's common stock is the second business day prior to the record date.