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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 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.