What does XD Great Wall Motors mean?
1 Answers
XD Great Wall means that Great Wall Motors is ex-dividend today. XD is the abbreviation for ex-dividend, meaning excluding dividend. Introduction to XD: XD is the abbreviation for ex-dividend, meaning excluding dividend. In fact, XD stocks are stocks that distribute cash dividends to shareholders on the same day the company issues them. Therefore, this cash is actually a small portion taken from the company's surplus profits, which is equivalent to a reduction in the company's available funds. Accordingly, the stock price will fall on the ex-dividend day, but shareholders holding the stock will receive cash dividends. Introduction to Great Wall Motors: Great Wall Motors is a Chinese automotive brand established in 1984, mainly producing SUVs, sedans, pickup trucks, and new energy vehicles. Great Wall Motors is the first privately-owned automobile manufacturer listed on the Hong Kong H-share market, the largest specialized SUV and pickup truck manufacturer in China, and a multinational corporation.