Ex-Dividend

Ex-Dividend
Ex-dividend is a stock trading term indicating that a stock is trading without the value of its next dividend payment. Dividends are a portion of a company's earnings distributed to shareholders.
Ex-Dividend (X or XD)
The terms 'X' and 'XD' are symbols used in newspapers and financial reports to signify that a stock or bond is trading without its respective dividend or interest.

Accounting Terms Lexicon

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