Glossary

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Glossary
XD

XD

xd stands for ex-dividend

XD date

The XD date is the day when a share price is marked as ex-dividend. The day before the XD date the holder of the shares is entitled to receive the dividend. If you buy the shares on the XD date, you are not entitled to receive the dividend and, if it does get paid to […]

Record date

The record date is used as the day when the company will use the share register as a guide to who is entitled to whatever action the company is taking (usually paying a dividend). When a company declares a dividend they will announce a record date two days after the XD date. Any trades that […]

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