Ex-Dividend Date

What Is An Ex-Dividend Date?

An ex-dividend date is the date when a declared stock dividend is paid.

The ex-dividend date details the timing of the payment of dividends of a company's stock, either privately or publicly held. Because stocks are generally traded frequently, with share changing hands on a daily basis, to ease complication of who gets paid dividends, the ex-dividend date defines the payee. In the United States, the Securities and Exchange Commission allows three days for stock trade settlement (T+3). The ex-dividend date is generally one day before settlement.

Any opinions, news, research, analyses, prices, other information, or links to third-party sites are provided as general market commentary and do not constitute investment advice. FXCM will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.