well for one thing, yesterday the price of this particular stock is 18 when it closed and today its 15.5 when it opened. and still register a 1% increase? how come?
DIVIDEND : 20% STOCK
EX-STOCK : MAY 17, 2007
RECORD DATE : MAY 22, 2007
PAYMENT DATE : JUNE 18, 2007
2007-05-16 23:06:29 · 4 answers · asked by freelanceot 2 in Business & Finance ➔ Investing
I think you mean "ex dividend." It simply means that the dividend has been subtracted from the price of the stock.
See a detailed explanation of all the terms at this SEC website:
http://www.sec.gov/answers/dividen.htm
2007-05-16 23:17:32 · answer #1 · answered by Robert L 7 · 1⤊ 0⤋
It means if u buy after today, u r not entitled to the dividend.
18 might have been the highest price it traded at.
2007-05-16 23:17:40 · answer #2 · answered by Babygirl 3 · 0⤊ 0⤋
Technically, a inventory drops with the aid of the dividend quantity upon open on the ex-div date. yet simply by fact people elect to possess dividend shares, they're going to frequently purchase sufficient to opposite that drop. particularly of timing the dividends, it makes greater experience merely to purchase as much as you could of a solid inventory every time the value isn't too severe.
2016-11-23 20:03:53 · answer #3 · answered by ? 3 · 0⤊ 0⤋
Down payment. old stock
2007-05-16 23:14:10 · answer #4 · answered by Erum Mishkat 2 · 0⤊ 0⤋