Ex-dividend is a term used to describe a stock that is trading without the value of its upcoming dividend payment. Synonyms for the term "ex-dividend" include "dividend-stripped," "ex-coupon," and "without dividend." These terms are often used interchangeably in the stock market to convey the same meaning as ex-dividend, which is the date on which a buyer of the stock no longer qualifies for the upcoming dividend payout. Companies announce the ex-dividend date prior to the dividend payment date, which serves as a signal for investors to make trades in anticipation of receiving the dividend payout. Understanding ex-dividend dates and their synonyms is crucial for investors looking to maximize their investment returns.