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by seanhunter
1808 days ago
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Yes to all of your questions. But the point is on day zero (technically the last "cum dividend" day) you get the stock plus the right to receive a dividend the next day, and on day zero + one (the first "ex dividend" day) you don't get the right to the dividend, but everyone who was a holder yesterday gets the dividend. So the stock price drops by the amount of the dividend. |
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