KAT Exploration Inc (KATX)

[TinkerBelle]

Dubb10..............

Ex-date or Ex-dividend date - On (or after) this date the security trades without its dividend. If you buy a dividend paying stock one day before the ex-dividend you will still get the dividend, but if you buy on the ex-dividend date, you won't get the dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared you need to sell on (or after) the ex-dividend day. The ex-date is the second business day before the date of record.

Read more: http://www.investopedia.com/articles/02/110802.asp#ixzz1sA6cDlyB