RE: Ex Dividend today6 Aug 2025 09:51
Medi
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A person purchasing a stock before its ex-dividend date, and holding the position before the market opens on the ex-dividend date, is by convention entitled to the dividend. A person purchasing a stock on its ex-dividend date or after will not receive the current dividend payment.
As far as the company registrar is concerned, to determine the ultimate eligibility for a dividend or distribution, the record date, not the ex-date, is relevant. Each shareholder entered in the shareholders' register at the record date is entitled to a dividend.[3] Usually, the person owning the stock at the end of the trading day one business day before the ex-date is also the person registered in the shareholders register on the record date, because companies set the ex-date and record date of the dividend in line with the settlement cycle of the security.