{"id":4185,"date":"2023-03-16T22:39:12","date_gmt":"2023-03-16T22:39:12","guid":{"rendered":"https:\/\/fisdomdevel.wpengine.com\/glossary\/ex-dividend-date\/"},"modified":"2023-03-16T22:39:12","modified_gmt":"2023-03-16T22:39:12","slug":"ex-dividend-date","status":"publish","type":"post","link":"https:\/\/www.fisdom.com\/glossary\/ex-dividend-date\/","title":{"rendered":"Ex Dividend Date"},"content":{"rendered":"<p>\nWhen any Mutual Fund scheme declares dividend, it&#8217;s NAV drops by the same amount as the dividend declared. This fall is seen on the following business day of dividend declaration. Ex-Dividend Date is the day on which the mutual fund NAV has dropped by the same amount as dividend declared.<\/p>\n<h2>How does it work?<\/h2>\n<p>For instance, Suppose a fund&#8217;s NAV is 200 before dividend declaration and the scheme declares a dividend of 20 per unit. The following day when the fund&#8217;s NAV falls to 180 is known as the Ex-Dividend Date.<\/p>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>When any Mutual Fund scheme declares dividend, it&#8217;s NAV drops by the same amount as the dividend declared. This fall is seen on the following business day of dividend declaration. Ex-Dividend Date is the day on which the mutual fund NAV has dropped by the same amount as dividend declared. How does it work? For [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-4185","post","type-post","status-publish","format-standard","hentry","category-mutual-funds"],"_links":{"self":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/comments?post=4185"}],"version-history":[{"count":0,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4185\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/media?parent=4185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/categories?post=4185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/tags?post=4185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}