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Ex-dividend rate is an investing term involving the timing of payment of dividends on stocks of corporations, income trusts and other financial holdings, both publicly and privately held. If sale is before this date, the dividend belong to the new owner, if no or after the date, the seller is entitled to the dividend.
It is also known as reinvestment date, is an investment term involving the timing of payment of dividends on stock of corporations, income trusts, and other financial holdings, both publicly and privately held.
The ex-dividend date is usually set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend.
The ex- dividend date is the day on which all shares bought & sold no longer come attached with the right to receive the most recently declared dividend.
Ex-dividend is a classification of trading shares when a declared divided belongs to the seller rather than the buyer.
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