RE: Confused6 Jan 2022 14:22
James Tudor - from investopedia
What Is the Ex-Dividend Date?
The ex-dividend date, or ex-date for short, is one of four stages that companies go through when they pay dividends to their shareholders. The ex-dividend date is important because it determines whether the buyer of a stock will be entitled to receive its upcoming dividend.
KEY TAKEAWAYS
The ex-dividend date or ex-date marks the cutoff point for shareholders to be credited a pending stock dividend.
To receive the upcoming dividend, shareholders must have bought the stock before the ex-dividend date.
There are four dates to know when it comes to companies' dividends: the declaration date, the ex-dividend date, the record date, and the payable date.
On the ex-dividend date, stock prices typically decline by the amount of the dividend.