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Quotes of the day:
All that is gold does not glitter; not all those that wander are lost.
A stock is cum dividend, which means with dividend, when a company has declared that there will be a dividend in the future but has not yet paid it out. A stock will trade cum dividend until the ex-dividend date. After that, the stock trades without its dividend rights. When the buyer receives the next dividend scheduled for distribution, the share is cum dividend.
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