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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With E
  5. Ex-Dividend

Ex-Dividend

Definition of 'Ex-Dividend'

A share sold without the right to recieve the dividend payment which is marked as due to those shareholders who are on the share register at a pre-accounced date. These shares have xd next to their price listings in the Financial Times.

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Related Terms

Cum-DividendClientele EffectsAccumulated DividendDividend CoverDividend IrrelevanceDividend Valuation ModelsDividend YieldDVMExFinal dividendGross Dividend YieldIrrelevancy of the Dividend Proposition - by Modigliani and MillerSpecial DividendAuction Market Preffered Stock (AMPS)Beating the FTSEBooks Closed DayClaims Processing Unit (CPU)Classical Tax SystemClientele EffectClosing the Books

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