What is Ex-Dividend Date? | SIE, SERIES6, SERIES7 Exam Prep

The ex-dividend date is the first day a stock trades without the right to receive the upcoming dividend, typically one business day before the record date. Buyers on or after this date will not receive the dividend. 📚 Learn more about Ex-Dividend Date and other key terms for your SIE, SERIES6, SERIES7 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES6, SERIES7 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Ex-Dividend Date definition: https://www.open-exam-prep.com/glossary/ex-dividend-date 💡 Exam Tip: Ex-dividend date = first day WITHOUT dividend rights. Buy BEFORE ex-date to get dividend. Stock price typically drops by dividend amount on ex-date. --- #securities #examprep #financeexam #sie #series6 #series7