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Frequently Asked Questions

What is the ex-date or ex-dividend date?

Resources Global Professionals - Investor FAQs
The ex-dividend date for the above dividend declaration is August 6, 2007. On (or after) this date, the security will trade without its dividend. If you buy the dividend paying stock one day before the ex-dividend date you will still get the dividend, but if you buy on the ex-dividend date or after you will not get the dividend. The ex-dividend date is the second business day before the date of record. The ex-dividend date is important because ownership takes a few days to record.

What is the ex-dividend date and how is it determined?

Directors
The ex-dividend date is the date upon which the stock begins trading without rights to the next dividend payment. Typically, the ex-dividend date is two business days before the record date, unless the intervening business day is one on which the NYSE is closed. The record date is announced in our dividend press releases. For more information, please call iStar Financial's Investor Relations department at 212-930-9400.

What is the ex-dividend date?

Rio Tinto - FAQs ADR
The ex-dividend date is a specific date, occurring after the dividend has been declared after which buyers are no longer entitled to receive the last declared dividend. This is known as going 'ex-dividend' and before this date the shares are said to be 'cum-dividend'. If you buy shares before the ex-dividend date, you are entitled to the recently announced dividend. If you purchase shares on or after that date, the previous owner of the shares (and not you) is entitled to the dividend.

What is the 'ex dividend date'?

Rio Tinto - FAQs Limited
The ex-dividend date is a specific date, occurring after the dividend has been announced, after which buyers are no longer entitled to receive the last declared dividend. This is known as going 'ex-dividend' and before this date the shares are said to be 'cum-dividend'. If you buy shares before the ex-dividend date, you are entitled to the recently declared dividend. If you purchase shares on or after that date, the previous owner of the shares is entitled to the dividend.

How often do you distribute dividends and when is your ex-dividend and dividend payment date?

Singapore Technologies Engineering Ltd
Since inception in 1997, ST Engineering has declared first and final dividends every year. Ex-dividend date for dividends declared for the preceding financial year is usually in early May and payment date is usually later in May. From 2007, the Group will start to distribute interim dividends on its ordinary dividends. This means that the Group will start paying dividends twice a year from 2007.

The payable date is sometimes before the ex-dividend date! How comes?

Smart Dividend
When the cash dividend is worth more than 25% of the stock value, the ex-dividend date is the business day AFTER the payable day. You still must own the stock at market opening on the ex-dividend date to get the distribution. If you sell on the payable day (this is, the business day before ex-dividend day), you will see the cash dividend paid to you then taken out of your brokerage account.

I owned stock on the ex-dividend date. When will I get the cash?

Smart Dividend
The date where you will actually receive the cash dividend is called the "Payable Date". It can be a few days or a few weeks after the Ex-Dividend date. The body of any post on smartdividend.com will indicate the Payable date.

What is the "ex date"?

Resources Global Professionals - Investor FAQs
The "ex date" is March 2, 2005. This is the date when Resources Connection, Inc.'s common shares will trade on the NASDAQ at the new split-adjusted price.

What is meant by ex dividend?

Goodbody Stockbrokers - Help Central - Goodbody Online Help ...
Prior to announcing each dividend, companies set a date on which shares will be sold without entitlement to the dividend. Before that date they are said to be 'Ex Dividend'. If you sell the shares before the Ex Dividend date you will not be entitled to receive the dividend. If you sell shares after the Ex Dividend date, i.e. selling a share Cum Dividend, you will be entitled to receive the dividend.

What happens when a share goes ex-dividend?

Finansbet FAQs
The morning after a share goes ex-div the price of the share will drop by the amount of the dividend (approximately). With a quarterly spread bet, the dividend will have already been removed from the price quoted by Finansbet so there will be no effect on the price quoted between the day before ex-div and the day after it.

What are the ex-dividend, record and payable dates?

National Retail - FAQs
Ex-Dividend - A synonym for "without dividend." The buyer of an ex-dividend stock is not entitled to the next dividend payment. Dividends are paid quarterly to all those shareholders recorded on the books of the company as of a previous date of record. For example, a dividend may be declared as payable to stockholders of record on a given Friday.

What is the dividend record date?

Rio Tinto - FAQs ADR
This is the date the Registrars view the register to prepare the dividend payment. A shareholding must be registered on this date to receive the dividend. The record date normally falls about three weeks before the dividend is paid. The record date for the latest dividend can be found in the Investor calendar.

What is the dividend 'record date'?

Rio Tinto - FAQs Limited
This is the date the Registrars close the register to prepare for the dividend payment. A person's shareholding must be recorded on the register on this date to receive the last declared dividend. The record date normally falls about three weeks before the dividend is paid. The record date for the latest dividend can be found on the Investor calendar.

When is the quarterly dividend record date?

Dividend Frequently Asked Questions
The quarterly dividend is payable to shareholders of record at the close of business on August 16, 2007.

What is the 'ex-distribution date'?

Macquarie Office Trust - FAQ
The ex-distribution date is the date on which units change from being quoted 'cum' to 'ex'.  Units are usually quoted ex-distribution four business days before the Trust's record date.  Units sold ex-distribution entitle the seller (the previous owner) to receive the last declared distribution prior to the sale, rather than the purchaser. The unit price may fall on the ex-distribution date, with the fall in price being similar to the amount of distribution to be paid. 

Will my outstanding limit orders be adjusted on ex-dividend day?

Smart Dividend
Yes, if you have placed GTC limit orders (buy or sell) before the ex-dividend day, these orders are adjusted downward by the dividend amount. Not all exchanges make this automatic adjustment, however. One example is the Toronto stock exchange. Options are another beast entirely, but they are also revalued. However, some brokers allow customers to add a Do Not Reduce (DNR) qualifier, preventing this adjustment.
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