Ex dividend

Ex-dividend refers to a specific date in the stock market when a company's shares begin trading without the entitlement to the upcoming dividend payment. When a stock is traded ex-dividend, it means that the buyer of the shares on or after the ex-dividend date will not receive the upcoming dividend payment. Instead, the dividend is typically paid to the shareholders who owned the stock before the ex-dividend date. Investors often monitor ex-dividend dates to make decisions regarding dividend income and stock trading strategies.