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LSDefine

Simple English definitions for legal terms

ex dividend

Read a random definition: contingent trust

A quick definition of ex dividend:

Ex Dividend: When a company pays out dividends to its shareholders, they usually have a specific date on which they will pay out. If you buy shares in the company before this date, you are entitled to the dividend payment. However, if you buy shares after this date, you will not receive the dividend payment. This is known as trading ex dividend. The first day that shares are traded ex dividend, the stock price will usually drop by the amount of the dividend payment.

A more thorough explanation:

Definition: Ex dividend means without dividend. Shares are traded ex dividend when the seller, not the purchaser, is entitled to the next dividend payment because it will be made before the stock transfer is completed. The first day on which shares are traded ex dividend, the stock price will drop by an amount usually approximating the amount of the dividend.

Example: Let's say a company declares a dividend of $1 per share and the record date is set for June 1st. If you buy shares of the company on or before May 31st, you will be entitled to receive the dividend. However, if you buy shares on June 2nd or later, the shares will be traded ex dividend, and the seller will be entitled to receive the dividend payment.

Explanation: This example illustrates how shares are traded ex dividend when the buyer is not entitled to the next dividend payment. In this case, if you buy shares after the record date, you will not receive the dividend payment, and the seller will receive it instead.

ex diverso | ex-dividend date

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texaslawhopefully
18:38
For like HLS at least, if you wait till J6 then you may already have a decision
TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
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