cum dividend

Cum Dividend

When a buyer of a security is entitled to receive a dividend that has been declared, but not paid.

Investopedia Commentary

Cum dividend means "with dividend." A stock trades cum-dividend up until the ex-dividend date. On or after this point, the stock trades without its dividend rights.

Related Links

Declaration, Ex-dividend And Record Date Defined

See also: Book Closure, Dividend, Ex-Date, Ex-Dividend, Record Date

cum dividend

Used to refer to a stock trading such that buyers qualify to receive the next dividend payment. Stocks trade cum dividend until the fifth business day before the record date. Compare ex-dividend.