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Ex-Dividend Date
The date after which a stock is traded without its previously declared dividend, meaning purchasers no longer have the right to receive the declared payment.
Date Of Record
A specific date set by a company on which the shareholders must be registered to be entitled to dividend payments.
Cum Dividend
A term used to describe a stock that is trading with the right to receive a dividend that has been declared but not yet paid.
Ex-Dividend Date
The specific date on which shares traded no longer come with the right to receive the most recently declared dividend.
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