Definitions
In plain terms
The price and return treatment normally changes on the ex-date, even though the dividend may be paid later.
Technical
The record must retain market, security, event, time-zone and calendar context because entitlement and settlement rules can vary.
Scope
It is distinct from declaration, record, and payment dates.
Examples
- A governed calculation records ex-dividend date with its exact basis, effective time, source, and units.
Common misconceptions
- Ex-Dividend Date does not have one universal treatment without the applicable methodology, event terms, and data context.
Concept relationships
Prerequisites
Contrasts with
Where this concept is used
- ImportantCash-Dividend Total-Return Adjustment: From Price Drop to Exact ReturnD02-F01-A03
- ImportantRights-Issue TERP AdjustmentD02-F02-A01
- ImportantSpecial-Dividend Adjustment: Preserve Return Meaning Across the Ex-DateD02-F02-A04
- ImportantPrice-Return IndexD03-F04-A01
- ImportantGross Total-Return IndexD03-F04-A02
- ImportantNet Total-Return IndexD03-F04-A03
- ImportantDividend-Point IndexD03-F04-A05
Evidence and governance
- Corporate Actions and Events Guide FTSE Russell, London Stock Exchange Group · first party methodology
Supports: preferred label, short definition, technical definition
Limits: Rules are specific to applicable FTSE Russell indices and can contain market, eligibility, tax, and timing exceptions.
- Fintech Builder Glossary Definition Contract The Fintech Builder · internal governed contract
Supports: variant distinction
Limits: Defines governed platform behavior rather than claiming these policies are universally prescribed by external McClellan methodology.
- Reviewed by
- fintech-builder-owner-approved
- Last reviewed
- 2026-07-27
- Next review
- 2027-07-27
- Record status
- published