Ex-Dividend: Meaning and Date

Ex-Dividend Date of Stocks - Meaning, Example, Calendar

MacroGlide on Instagram: "FINRA’s dividend rule—primarily governed under Rule 11140 (Transactions in Securities “Ex-Dividend,” “Ex-Rights,” or “Ex-Warrants”)—sets the timeline for when a stock trades ex-dividend, meaning buyers no longer qualify to receive the upcoming dividend. Typically, the ex-dividend date is set one business day before the record date, since trades in U.S. markets settle on a T+2 basis (trade date plus two days). To receive the dividend, an investor must purchase the stock