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Cum-Dividend/Distribution Date

When discussing finance, it's important to understand the concept of the ex-dividend/distribution date. This is the day before the ex-d date, or the last day that securities can be traded while still entitling the buyer to the dividend or distribution. Essentially, it marks the cut-off point for investors to receive the benefits of these payments. As knowledgeable professionals, it's crucial to be aware of this date and its implications in the world of finance.
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