cum dividend

cum dividend definition - business

cum dividend

Used to refer to a stock trading such that buyers qualify to receive the next dividend payment. Stocks trade cum dividend until the third business day before the record date. Compare ex-dividend.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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