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Finance Dictionary and Glossary of Investment Terms
Cum dividend
Definition 1.
With dividend; said of a stock whose buyer is eligible to receive a declared dividend. Stocks are usually "cum dividend" for trades made on or before the fifth trading day preceding the record date, when the register of eligible holders is closed for that dividend period. Antithesis of ex-dividend.
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Definition 2.
When a buyer of a security is entitled to receive a dividend that has been declared, but not paid.
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