- exclusive of dividend: applied to a stock traded when payment of a dividend is pending, indicating that the price of the security does not include any dividend declared (distinguished from cum dividend).
Origin of ex dividend
First recorded in 1835–45
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- without the right to the current dividendto quote shares ex dividend Compare cum dividend