What does XD mean

In finance, XD typically stands for "ex-dividend," which refers to the date on which a security trades without a dividend. This means that the buyer of the security on or after the XD date will not receive the upcoming dividend payment. Instead, the seller of the security on the XD date will receive the dividend. XD is an important date for investors to be aware of, as it can impact their investment decisions and potential income from dividends. Additionally, XD can also stand for "extraordinary dividend," which is a special, one-time dividend payment made by a company. This type of dividend is separate from the regular dividends that are typically paid out to shareholders and is often the result of a company having significant excess cash or a large one-time profit. Ultimately, XD in finance refers to ex-dividend or extraordinary dividend, both of which are important concepts for investors to understand when managing their investment portfolios.