Basics

Mon Mar 13 2023
See how MarketXLS helps you take advantage in the markets.

## Understanding Ex-Dividend Date

If you are an investor in the stock market, you might have come across the term “ex-dividend date.” In simple terms, it is the date when a company’s stock stops trading with its dividend. This means that if you buy a stock on or after the ex-dividend date, you will not receive the upcoming dividend payment.

## Why is Ex-Dividend Date Important for Investors?

Investors often use ex-dividend date to track their ownership of stocks and to understand and capitalize on dividend payments. The ex-dividend date is an important date because it is the day when stocks begin trading without any dividend payments attached. It is also the date by which buyers must own a security to be entitled to receive a dividend.

## How to Get Ex-Dividend Date in Excel with MarketXLS?

To find the ex-dividend date for any equity or ETF in Excel, MarketXLS provides a built-in function that allows you to quickly look it up with a simple formula. Just type “=Ex_DividendDate(“Ticker symbol”)” into a cell, replacing ‘Ticker symbol’ with the ticker of the security of interest. The formula will return the next ex-dividend date as a serial number of the Microsoft Excel date system.

MarketXLS also offers other useful functions for dividend-related data. They are given below:

Function Title Function Example Function Result
Dividend Frequency =DividendFrequency(“MSFT”) How many times each year the company typically pays a regular dividend.
Dividend Pay Date (MM/DD/YYYY) =DividendPayDate(“MSFT”) – Returns the most recent dividend pay date for MSFT. Not considering the future expected dividend.
Ex Dividend Date (MM/DD/YYYY) =Ex_DividendDate(“MSFT”) – Returns the ex-dividend date for MSFT. On this date, the stock has to be in your demat account for you to receive the dividend.

Use AI driven search for all functions on MarketXLS here: https://marketxls.com/functions

### Note this spreadsheet will pull latest data if you have MarketXLS installed. If you do not have MarketXLS consider subscribing here

https://mxls-templates.s3.us-west-2.amazonaws.com/MarketXLS-Model-ID-3QFGWa.xlsx