Inducing a prospective customer tobuy shares in order to profit from a dividend scheduled in the near future.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
An act or practice in which an underwriter, investment adviser, or anyone else attempts to sell a security to an investor by arguing that the investor can collect future dividends. That is, rather than discussing the company's technical or fundamental information, the dividend seller instead talks about scheduled dividends that the investor can collect.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved