When a listed company distributes stock dividends to shareholders, that is, when the company's surplus is transferred to share capital, or when it issues shares, it needs to be ex-dividend.
The ex-dividend benchmark date is the next trading day relative to the equity (interest) registration date, that is, R+ 1. Stocks traded on the same day and the following trading days are called ex-dividend stocks or ex-dividend stocks, and investors who buy the stocks no longer enjoy the right to pay dividends. However, investors who hold shares after the equity (interest) registration date will