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The library: what is ex-dividend?

Ex-Dividend (xd)

The period during which the purchase of shares or bonds (on which a dividend or coupon payment has been declared) does not entitle the new holder to this next dividend or interest payment.

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Blackden Financial S.A. (Registered office: 22 Chemin du Nantet, 1245 Collonge Bellerive, Switzerland) is regulated by the Association Romande des Intermédiaires Financiers (ARIF), a self-regulating body approved by the Swiss Financial Market Supervisory Authority (FINMA) for the supervision of the financial intermediaries referred to in article 2 para. 3 of the Swiss Federal Law on combating money laundering and terrorism financing in the financial sector (AMLA). Blackden Financial is also registered as an insurance intermediary with the Swiss Financial Markets Supervisory Authority (FINMA), and a founding member of The Federation of European Independent Financial Advisors (FEIFA), a not for profit trade organisation whose broad aim is to improve the quality of advice offered by the independent financial sector in Europe.