Ex-dividend date

Ex-dividend date — the date from which a stock trades without its declared dividend: own shares before it and the dividend is yours; buy on or after it and it isn’t. Published in every dividend declaration on PSE EDGE alongside the payment date. Your first passive pesos arrive on this machinery — which is why lesson 1.7 has you pull the actual declaration rather than trust an app’s summary.

First used in: 1.7 · PSE mechanics: first shares, first REIT