CUM DIVIDEND


Meaning of CUM DIVIDEND in English

With dividend . Used in the context of general equities. With dividend; said of a stock whose buyer is eligible to receive a declared dividend. Stocks are usually "cum dividend" for trades made on or before the fifth trading day preceding the record date, when the register of eligible holders is closed for that dividend period. Antithesis of ex-dividend .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.