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need help with words

Forums › ACCA Forums › ACCA FM Financial Management Forums › need help with words

  • This topic has 2 replies, 2 voices, and was last updated 12 years ago by pastorgold.
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  • October 18, 2012 at 10:25 am #54758
    pastorgold
    Member
    • Topics: 7
    • Replies: 6
    • ☆

    Hey all,
    Could somebody help me explain the meaning of this word as use in f9: ex div; ex interest. I have read it in question 1 in the pilot paper but do not understand the meaning .plse need with explanation.
    Thks

    October 20, 2012 at 3:43 am #105681
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 5
    • ☆

    Ex- basically means after, So lets say for example you bought some shares in a company ‘ex div’, it means that dividends have already been paid to the person selling them to you i.e. you are not entitled to dividend until the following quarter or year.
    The same can be said for ‘ex interest’.

    October 23, 2012 at 10:30 am #105682
    pastorgold
    Member
    • Topics: 7
    • Replies: 6
    • ☆

    Thks very much.have just follow the full lecture and now have a clear understanding of the concept.
    thanks

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