XD

XD is an abbreviation for "ex-dividend". It is used to indicate that a stock's price has been adjusted to reflect the upcoming payment of a dividend. The ex-dividend date is the date on which the stock begins trading without the dividend attached. Investors who buy the stock on or after the ex-dividend date will not receive the dividend.

The ex-dividend date is important because it determines who is entitled to receive the dividend. Shareholders of record on the ex-dividend date will receive the dividend. Shareholders who buy the stock after the ex-dividend date will not receive the dividend.

The ex-dividend date is typically two business days before the record date. The record date is the date on which the company determines who is entitled to receive the dividend.

The ex-dividend date is used to calculate the stock's ex-dividend price. The ex-dividend price is the price of the stock on the ex-dividend date, minus the amount of the dividend.

For example, if a stock is trading at $100 per share and the dividend is $2 per share, the ex-dividend price will be $98 per share.

The ex-dividend date is important for investors who are considering buying or selling a stock that is about to pay a dividend. Investors who want to receive the dividend should buy the stock before the ex-dividend date. Investors who do not want to receive the dividend should sell the stock on or after the ex-dividend date.

XD is also used to indicate that a stock's price has been adjusted to reflect the upcoming expiration of a warrant or option. The ex-warrant or ex-option date is the date on which the warrant or option expires. Investors who hold a warrant or option that expires on or after the ex-warrant or ex-option date will lose their right to exercise the warrant or option.