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| Stock and Option Trader's Tools |
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Ex-Dividend |
| The process whereby a stock's price is reduced when a dividend is paid. The ex-dividend date (ex-date) is the date on which the price reduction takes place. Investors who own stock on the ex-date will receive the dividend, and those who are short stock must pay out the dividend.
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| Optionistics is not a registered investment advisor or
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securities or derivative instruments, and do not advocate the
purchase or sale of any security or investment by you or any
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