Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

cum dividend

Read a random definition: favored beneficiary

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

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
1a2b3c4d26z
11:15
In this analogy is the LSAT the NFL combine
JumpySubsequentDolphin
11:16
I told my family I won’t get any decisions until 2025 so they wouldn’t bombard me hahah
no i think there should be a Law School combine with all new drills except there is still the 40 yard dash
and a sub 4.5 gets you into any t14
LSAT can be one of the drills
letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
1a2b3c4d26z
11:26
Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on
LSD+ is ad-free, with DMs, discounts, case briefs & more.