cum-dividend

cum-dividend

  1. (of a particular SHARE) including the right to receive the DIVIDEND which attaches to a SHARE.
  2. with dividend. If shares are purchased on the STOCK MARKET, ‘cum-div’, the purchaser would be entitled to the dividend accruing to those shares when the dividend is next paid. Compare EX-DIVIDEND.
References in periodicals archive ?
The left-hand side of Equation (1) represents the after-tax proceeds from selling the stock cum-dividend and the right-hand side represents the expected after-tax proceeds from selling the stock ex-dividend.
74 per cent in the quarter, cum-dividend, now stands at $292 million, ex-dividend and $1.
PRICE is cum-dividend price of the firm's stock price three months after the end of the fiscal year plus its dividend per share for the year.
This, in our view, is also slightly positive for the name as the stock is trading cum-dividend.
t+1] denotes the cum-dividend equity value at time t+1.
The company's shares are traded cum-dividend for the year 2008 for the last day today and the shares will go ex-dividend for 2008 on 15 June 2009.
Thus, the last cum-dividend day occurred 5 days prior to the settlement date, which was the ex-dividend day.
Secondly, this study deletes firm-year observations with negative cum-dividend price or negative sales per share because negative price and sales do not make economic sense.
Therefore, investors unload the stock cum-dividend to market makers, who are compensated for handling the dividend by the dividend itself.
1] is expected abnormal growth in accounting earnings insofar as it is expected (period 2) cum-dividend accounting earnings ([ceps.
In order to provide liquidity to the holders of Preferred Shares during the Election Period, the Preferred Shares will continue to trade on The Toronto Stock Exchange (the "TSE") on a cum-dividend basis (in respect of the Accrued Dividends) up to and including the expiry of the Election Period.
Each of the three hypotheses identifies a reason why a certain group of investors would prefer the ex-dividend stock to the cum-dividend stock.