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LSDefine

Simple English definitions for legal terms

cum dividend

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A quick definition of cum dividend:

Term: Cum Dividend

Definition: When you buy a stock cum dividend, it means that you will receive any upcoming dividends that have been declared. This is different from buying a stock ex dividend, which means you will not receive the upcoming dividend payment. Basically, cum dividend means "with dividend."

A more thorough explanation:

Cum Dividend

Cum dividend means "with dividend". When a stock is purchased cum dividend, the buyer is entitled to any declared dividends that are pending. This is in contrast to ex dividend, where the buyer is not entitled to the upcoming dividend payment.

Example 1: John purchased 100 shares of XYZ company cum dividend. The company had declared a dividend of $0.50 per share, which meant that John would receive $50 in dividend payments.

Example 2: Sarah bought 50 shares of ABC company ex dividend. The company had declared a dividend of $0.25 per share, but since Sarah bought the shares after the ex dividend date, she was not entitled to the dividend payment.

These examples illustrate the difference between cum dividend and ex dividend. In example 1, John purchased the shares before the ex dividend date and was entitled to the dividend payment. In example 2, Sarah purchased the shares after the ex dividend date and was not entitled to the dividend payment.

cum decimis inclusis et nunquam antea separatis | cum domibus, aedificiis

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General

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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