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Ex-dividend date

The ex-dividend date determines who, from a trading perspective, receives the next dividend payment. For transactions settled on or after the ex-dividend date, the buyer does not receive the dividend.

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Steven Huddart
Smeal College of Business, Penn State University, University Park, PA 16802-3603 USA
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http://www.personal.psu.edu/sjh11/OptionGlossary/ExDividendDate.shtml
was last updated on Wed, Oct 7, 2009.
Today is Thu, Nov 26, 2009.

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