Ex dividend (ex div)

Ex dividend (ex div),

Definition of Ex dividend (ex div):

  1. Stockmarket designation of a share indicating that the quoted price does not include entitlement to the forthcoming or accrued dividend. If the entitlement exists, the share is called cum div.

  2. Denoting or relating to the sale or transfer of stocks or shares exclusive of the next dividend.

  3. (with reference to the sale or transfer of stocks or shares) not including the next dividend.

How to use Ex dividend (ex div) in a sentence?

  1. The vendor sold their shares ex dividend.

Meaning of Ex dividend (ex div) & Ex dividend (ex div) Definition