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Technology Stocks : Lucent Technologies (LU)
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To: RavBruce who wrote (1371)2/17/1998 2:38:00 AM
From: David C. Burns  Read Replies (1) of 21876
 
<< I have never seen the rate double when a stock splits. >>

I own a couple of banking stocks which periodically declare 10% stock dividends (11 for 10 split) and maintain the dividend at the prior per share rate. But more often, the dividend is also prorated to correspond to the split.
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