Business / Finance / Ex-Dividend: In the context of general equities, having sole possession of the customer order/indication; not in competition with other dealers.

Ex-Dividend Date

Business / Finance / Ex-Dividend Date: This literally means 'without dividend.' The buyer of shares when they are quoted ex-dividend is not entitled to receive a declared dividend. It is the interval between the record date and the payment MORE

Cum Rights

Business / Finance / Cum Rights: With dividend; said of a stock whose buyer is eligible to receive a declared dividend. Stocks are usually 'cum dividend' for trades made on or before the fifth trading day preceding the record date, w MORE


Business / Finance / Execution: The first day of trading when the seller, rather than the buyer, of a stock will be entitled to the most recently announced dividend payment. The date set by the NYSE (and generally followed on other MORE

With Ice

Business / Finance / With Ice: Purchase of shares that entitle the buyer to the forthcoming dividend. Related: Ex-dividend. MORE


Business / Finance / XMI: Symbol that indicating that stock is trading ex-dividend, with no dividend. MORE

Record Date

Business / Finance / Record Date: (1) Date by which a shareholder must officially own shares in order to be entitled to a dividend. For example, a firm might declare a dividend on Nov. 1, payable Dec. 1 to holders of record Nov. 15. O MORE