On a ticker tape, an abbreviation indicating that a stock is trading ex-distribution, or that it is trading after the distribution of a dividend and, therefore, its price is lower by the amount of the dividend.
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Used on the consolidated tape to indicate a stock that is trading ex-distribution: WIN.XDIS 15.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.