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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Edward Boghosian who wrote (153703)	5/11/2013 8:24:55 PM
From: david1951	5 Recommendations Read Replies (1) \| Respond to of 213182

Thank you, Edward. Perhaps this will help us all better understand how it works. :) "...on the ex-div date, the exchange automatically reduces the price of the stock by the amount of the dividend. If the dividend is $1, and the stock had been offered at $40 and bid at $39.50 the day before, on the ex-div date the offer price and bid price will be adjusted to $39 and the bid to $38.50 to account for the fact that the dividend is not included. When this happens, the stock is said to have gone ex-dividend and is marked with an "x" in the quote systems and newspaper stock price listings." wiki.fool.com