Cum-dividend definition
Cum-dividend means when a buyer of a security is entitled to receive the next dividend scheduled for distribution, which has been declared but not paid. A stock trades cum-dividend up until the ex-dividend date, after which the stock trades without its dividend rights;
Cum-dividend means with dividend, said of share whose buyer is eligible to receive a declared dividend.
Cum-dividend. , in relation to a security, means a buyer is entitled to receive the next dividend scheduled for distribution, which has been declared but not paid. A stock trades cum-dividend up until the ex-dividend date, after which the stock trades without its dividend rights. Such trading is often referred to within the wider financial markets as ‘cum/ex trading’;
More Definitions of Cum-dividend
Cum-dividend means that the accepting shareholders will not receive any dividend in addition to the offer price that may be resolved by the Target after the publication of this Offer. The offer price per share is therefore reduced by the amount of any dividend resolved between the publication of this Offer and its settlement, if the Offer is settled after the respective dividend payment date.