The "ex-dividend date" is the date
A) on which recipients of the dividend are determined.
B) the dividend is paid.
C) the dividend is declared.
D) which no longer includes dividend payments for stock bought on that date.

Question

Quizplus · Accepted Answer

The ex-dividend date is the cut-off date for determining which investors are entitled to receive the upcoming dividend payment. If an investor purchases shares of a stock on or after the ex-dividend date, they will not be entitled to receive the upcoming dividend payment. Therefore, the correct choice is D - the ex-dividend date is the date on which no longer includes dividend payments for stock bought on that date.

The "Ex-Dividend Date" Is the Date