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Non-Tech : Cendant Corporation (NYSE:CD) -- Ignore unavailable to you. Want to Upgrade?

To: Benkea who wrote (1538)8/12/1998 7:00:00 PM
From: Thomas George Warner  Respond to of 3627
 
Of course the return changes, but the dividend amount stays constant. For the sake of argument, with a dividend of $1 and a purchase price of $10, the return is, 10/1=10%; if the stock goes to $20, the return has been reduced to 20/1=5%. Am I missing something or are we just describing the same thing a different way?


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