what does it mean the last day of trade before dividend
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 date when you must be on the company's books as a shareholder to receive the dividend.hey 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 date when you must be on the company's books as a shareholder to receive the dividend.