Dividends on ADX: Ex-Date vs Record Date Abu Dhabi Islamic BankADX:ADIBA7medbjMany ADX-listed companies distribute dividends. To understand who receives the dividend, these dates matter: • Declaration Date: The company announces the dividend amount and timeline • Ex-Dividend Date (Ex-Date): To be eligible, investors typically need to own the shares before this date • Record Date: The company checks its shareholder register to confirm eligible shareholders • Payment Date: The dividend is paid to eligible shareholders Knowing these dates helps investors follow corporate actions and interpret price movements around dividend periods without relying on rumors or assumptions.