Examlex
A mutual fund objective statement provides general information about the types of securities a mutual fund will hold as assets.
Ex-Dividend Date
The date on or after which a security is traded without the right to receive the next dividend payment.
Cash Dividend
A payment made by a company out of its earnings to shareholders in the form of cash.
Date of Record
The cut-off date set by a company in order to determine which shareholders are eligible to receive a dividend or distribution.
Three-For-One Split
A stock split in which each shareholder receives three new shares for each share they currently own.
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