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cum dividend

   Also found in: Financial 0.01 sec.
cum dividend
adv
(Economics, Accounting & Finance / Stock Exchange) (of shares, etc.) with the right to current dividend Compare ex dividend
[cum, from Latin: with]


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As the dividend is about to be paid, the market capitalisation given must be cum dividend.
A long arbitrageur is someone who purchases shares cum dividend and sells them ex dividend.
This represents an increase of 11% over 1994 after adjustment for the two-for-one stock split carried out in September 1995, which was effected cum dividend January 1, 1995.
 
 
 
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