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

To: Sueponine who wrote (190276)	5/5/2016 4:50:51 PM
From: Moonray	2 Recommendations Recommended By david1951 Stock Puppy Respond to of 213177

Sus, the dividend amount to be paid out to stockholders on May 12 is $.57/share : nasdaq.com On a stock's Ex-Dividend day the bid/asked takes this into account, that is is trading without dividend. It is NOT like a bank account where you get principle plus interest. If you were to check AAPL's closing price today, you would see it closed at 93.24 off some .38. data.cnbc.com BUT, how can that be? It closed yesterday at 94.19. Well, 94.19 less today's close of 93.24 is down .95 today from yesterday. But they said it was down .38. Yes, the difference is .57, what will be paid back on May 12. Here is more info: Stock Price Movement on the Ex-Dividend Date While the stock price typically drops by the amount of the dividend on the ex-dividend date, there is no guarantee that this will happen. Traders usually price any dividend distribution into the stock price during the normal course of business to reflect the company's decreased total assets. This makes it very difficult for individuals to profit by buying before the ex-dividend date and quickly selling thereafter. Read more: Ex-Dividend Definition \| Investopedia o~~~ O