The date before which a new purchaser of stock is entitled to receive a declared dividend, but on or after which she does not receive the dividend, is called the ____________ date.

Question

Quizplus · Accepted Answer

The ex-dividend date is the specific date on which a stock buyer is no longer entitled to the declared dividend, as the dividend is set to be paid to the shareholders who owned the stock before this date.

The Date Before Which a New Purchaser of Stock Is