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What does ex dividend date mean

A dividend record date is the date on which the company finalizes the list of investors who qualify as shareholders of record. Many things influence the timing and size of dividends. When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. The dividend payable date is the date on which a company pays a dividend to its shareholders of record. Whether you need to know about dividend declarations or are looking for an example of dividends, this financial definition has it all. This is the first day the stock trades without the right to pay a dividend to new shareholders

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