Ex-Dividend Date
The cutoff date on which a stock begins trading without the right to the next declared dividend; buyers on or after it do not receive it.
What it is
The ex-dividend date (or ex-date) is the first day a stock trades without entitlement to the upcoming dividend. To receive that dividend you must own the shares before this date. If you buy on the ex-date or later, the seller keeps the dividend.
Why it matters
It determines who actually gets paid, so timing a purchase around it matters for income investors. A common misunderstanding is thinking you can buy the day before payment and collect the dividend, when in fact ownership before the ex-date is what counts; the share price also typically drops by roughly the dividend amount on the ex-date.
How it's calculated
It is a scheduled date set relative to the company's record date, not a computed figure. Under the standard T+1 settlement now used in the US and Canada, the ex-date generally falls on the same business day as the record date.
How Quintarthai uses it
Dividend details, including the dividend yield in the Key-metrics grid, appear on each company's deep-analysis page in the app.