Akademik

With dividend; said of a stock whose buyer is eligible to receive a declared dividend. Stocks are usually "cum dividend" for trade made on or before the third trading day preceding the record date, when the register of eligible holders is closed for that dividend period. Antithesis of ex-dividend. Bloomberg Financial Dictionary

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See also cum interestThe trading status of a bond or share such that the purchaser of the bond or share is entitled to receive the next interest or dividend payment. The alternative is ex dividend or ex interest, where the seller of the bond or share retains the right to receive the next interest or dividend payment. Dresdner Kleinwort Wasserstein financial glossary

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The purchaser of a stock which is cum dividend is entitled to receive the declared dividend. Exchange Handbook Glossary

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The Latin word for 'with'. If a dividend is just about to be paid on a share then an investor buying a cum dividend share will be entitled

   A term used to describe when shares are bought with the right to receive a dividend which has been announced.

   ► See also Ex-Dividend, Stock, Share.