1. In a stock split, the date that the share price changes to reflect the split. 2. For a dividend, the first day of the ex-dividend period. The ex-date was created to allow all pending transactions to be completed before the record date. If an investor does not own the stock before the ex-date, he or she will be ineligible for the dividend payout. Further, for all pending transactions that have not been completed by the ex-date, the exchanges automatically reduce the price of the stock by the amount of the dividend. This is done because a dividend payout automatically reduces the value of the company (it comes from the company's cash reserves), and the investor would have to absorb that reduction in value (because neither the buyer nor the seller are eligible for the dividend). also called ex-dividend date.

Related information about ex-date:

1. Ex-Date Definition | Investopedia
   The date on or after which a security is traded without a previously declared dividend or distribution. After the ex-date, a stock is said to trade ex-dividend.
    
2. Ex-dividend date - Wikipedia, the free encyclopedia
   However, to create a level playing field when shares are traded on the London Stock Exchange during this benefit period an "ex" date is set. Before this "ex" date ...
    
3. Ex-Dividend Dates
   Jun 21, 2004 ... They are the "record date" or "date of record" and the "ex-dividend date" or "ex- date." When a company declares a dividend, it sets a record ...
    
4. What is ex-date? definition and meaning
   Definition of ex-date: In a stock split, the date that the share price changes to reflect the split.
    
5. Ex-Dividend Date Search | Dividend.com
   Ex-Dividend Date Search. Ex-dividend dates are extremely important in dividend investing, because you must own a stock before its ex-dividend date in order to ...
    
6. Ex-Dividend Date - The Dynamic Dividend
   A stock's ex-dividend date is also commonly referred to as its ex-date. For a rundown of stocks trading ex-dividend soon, check out the latest posts in my ...
    
7. Ex-Date - Financial Dictionary - The Free Dictionary
   See: Ex-dividend date. 2. The date on which the new price of a stock is listed following a stock split. A stock split reduces the price per share, and tickers on ...
    
8. Dividend Capture, ex-dividend date
   For instance, if a stock paying a $0.25 per share dividend closes at $15.00 on the day before the ex-dividend date, it should open at $14.75 on the ex-date.