What do “record date” and “ex-dividend” mean with respect to the dividend?
The record date is the date by which a stockholder must officially own shares in order to be entitled to receive the next dividend. Dividends are paid to stockholders of record as of a specified date. After the record date, the stock is said to be ex-dividend. Ex-dividend is the interval between the announcement and the payment of a dividend. An investor who buys shares during that interval is not entitled to the dividend.
