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.

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The ex-dividend date is the date on which the seller, not the buyer, of the stock is entitled to the most recently announced dividend. A purchaser who buys shares on or after the ex-dividend date does not receive the dividend. The record date is the date on which a company reviews its books to determine which shareholders are entitled to receive the dividend. The payment date is when the dividend is actually paid out to the eligible shareholders. The declaration date is when the company announces its intent to pay a dividend. Ex-rights is a term used in connection with a new stock offering.

The Date Before Which a New Purchaser of Stock Is