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 date on which a new purchaser of stock is no longer entitled to receive the most recently declared dividend. This means that if an investor buys a stock on or after the ex-dividend date, they will not receive the dividend payout for that quarter or year.

The Date Before Which a New Purchaser of Stock Is