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

Question

Quizplus · Accepted Answer

The ex-dividend date is the date on or after which a new purchaser of a stock is not entitled to receive a dividend that has been declared. The stock trades without its dividend entitlement from this date.

The Date Before Which a New Purchaser of Stock Is