- Cum Dividend
When a buyer of a security is entitled to receive a dividend that has been declared, but not paid.
Cum dividend means "with dividend." A stock trades cum-dividend up until the ex-dividend date. On or after this point, the stock trades without its dividend rights.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
cum dividend — A share quoted cum dividend carries the right to receive the next dividend. This is the opposite of ex dividend. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
cum dividend — With dividend; said of a stock whose buyer is eligible to receive a declared dividend. Stocks are usually cum dividend for trade made on or before the third trading day preceding the record date, when the register of eligible holders is closed… … Financial and business terms
cum dividend — Stock Exchange. with a previously declared dividend included in the price of a stock (distinguished from ex dividend). Abbr.: cum d, cum div [1875 80] * * * … Universalium
cum dividend — ku̇mˈ , kəmˈ adverb (or adjective) Etymology: cum (I) : with the value of a pending dividend included in the sale price of a security, the buyer being entitled to the dividend when paid opposed to ex dividend … Useful english dictionary
cum dividend — /kam divadend/ Means that when a share of stock is sold after a dividend is declared, the buyer has the right to the dividend; lit., with dividend. See also dividend (cumulative dividend) … Black's law dictionary
Cum dividend — With dividend. The New York Times Financial Glossary * * * A term used to describe when shares are bought with the right to receive a dividend which has been announced. ► See also Ex Dividend, Stock, Share … Financial and business terms
cum dividend — /kʌm dɪvɪdend/, cum div /kʌm dɪv/ adverb including the next dividend still to be paid … Dictionary of banking and finance
cum dividend — adverb (of share purchases) with a dividend about to be paid … English new terms dictionary
Dividend stripping — is the purchase of shares just before a dividend is paid, and the sale of those shares after that payment, i.e. when they go ex dividend. This may be done either by an ordinary investor as an investment strategy, or by a company s owners or… … Wikipedia
cum — Latin for with (used in the abbreviations cum cap, cum div, cum rights, etc), to indicate that the buyer of a security is entitled to participate in the forthcoming capitalisation issue, dividend or rights issue. See also ex Exchange Handbook… … Financial and business terms