What is ‘XD’
A symbol used to signify that a security is trading ex-dividend. XD is an alphabetic qualifier that acts as shorthand to tell investors key information about a specific security in a stock quote. Sometimes “X” alone is used to indicate that the stock is trading ex-dividend. Qualifiers can vary depending on where the stock is quoted, because different news services that supply stock quotes may use different qualifiers.
Explaining ‘XD’
A dividend is a distribution of part of a company’s earnings to the company’s shareholders. When a stock is trading ex-dividend, the current stockholder has received a recent dividend payment and whoever purchases the stock will not receive the dividend. The stock’s price should be lower as a result. There are quite a few qualifiers that relate to dividends; “j,” indicates that the stock paid a dividend earlier in the year, but currently does not carry a dividend.
Further Reading
- Cloud manufacturing: a new service-oriented networked manufacturing model – en.cnki.com.cn [PDF]
- Bayesian analysis of multi-group nonlinear structural equation models with application to behavioral finance – www.tandfonline.com [PDF]
- Stock market's reaction to disclosure of environmental violations: evidence from China – link.springer.com [PDF]
- Analysis of effect of FDI technology innovation of Zhejiang and Jiangsu – en.cnki.com.cn [PDF]
- World resources of saline soil and main amelioration measures – en.cnki.com.cn [PDF]
- A model for drying of an aqueous lactose droplet using the reaction engineering approach – www.tandfonline.com [PDF]
- A variant in microRNA-196a2 is associated with susceptibility to hepatocellular carcinoma in Chinese patients with cirrhosis – www.tandfonline.com [PDF]
- Connotation, theory framework and application of customer collaborative innovation – en.cnki.com.cn [PDF]
- Portfolio choice via quantiles – onlinelibrary.wiley.com [PDF]
- Pythagorean fuzzy soft set and its application – en.cnki.com.cn [PDF]