|
|
Cum dividend |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Cum dividendWith dividend; said of a stock whose buyer is eligible to receive a declared dividend. Stocks are usually "cum dividend" for trades made on or before the fifth trading day preceding the record date, when the register of eligible holders is closed for that dividend period. Antithesis of ex-dividend.Cum dividendWhen a share is said to be 'cum dividend', it means that it is offered for sale with an entitlement to the next dividend payment attached. This dividend will already have been declared (but not paid) by the company, so the market knows how much it is worth and the share price will reflect this.At some point shortly before payment of the dividend is actually due, the share will go 'ex dividend', meaning that it is being offered for sale without the dividend. If the current owner sells an 'ex div' share, he will keep the dividend payment. But again, the price of the share will reflect this - it will have dropped from its 'cum dividend' price.Similar MatchesTraditional view (of dividend policy)Traditional view (of dividend policy)An argument that, "within reason," investors prefer higher investors to lower dividends because the dividend is sure but future investors are uncertain. Interim dividendInterim dividendThe declaration and payment of a dividend prior to annual earnings determination. Preferred dividend coveragePreferred dividend coverageNet income after interest and taxes (before common stock dividends) divided by preferred stock dividends. Scrip dividendScrip dividendThe issue of additional shares by a company to a shareholder in lieu of a dividend. The shares have an equivalent cash value to the dividend. No dealing charges or stamp duty is payable the issue of the new shares. Indicated dividendIndicated dividendTotal amount of dividends that would be paid on a share of stock over the next 12 months if each dividend were the same amount as the most recent dividend. Usually represented by the letter "e" in stock tables. Further Suggestionsaccumulated dividendDividends payable Participating dividend dividend Dividend Disbursing Agent Insurance dividend Dow dividend theory Dividend capture Dividend Discount Model (DDM) Selling dividends ex dividend Special dividend Unpaid dividend Income dividend Dividend rollover plan final dividend Liquidating dividend Equalizing dividend income dividend dividend cover dividend growth Expected dividend yield dividend yield Perfect market view (of dividend policy) stock dividend |
|
|
|