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Strategies & Market Trends : Dividend investing for retirement

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To: posthumousone who wrote (3123)12/24/2009 5:23:57 PM
From: upanddown   of 34328
 
the day the div is paid out the stock drops to 10.40 so you are stopped out 10.50.

Are you talking about the automatic adjustment where the stock price is reduced by the dividend amount?

If so, that takes place on ex-div date not the payable date.

Unless you say DO NOT REDUCE the stop will be adjusted downward by the dividend amount immediately on ex-div date.

A DRIP dividend will be re-invested whether you still own the stock or not unless you cancel the DRIP before the payable date.
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