Sharechat Logo

When is a company listed as CD (cum-dividend)?

Wednesday 23rd January 2002

Text too small?
Q: When is a company listed as CD (cum-dividend)?

A: When a company announces a dividend its shares are traded as cum-dividend as soon as trading resumes in the company's securities. In NZ, if a company makes a price sensitive announcement such as a full-year report, half-year report or special dividend, the shares are placed in a 15 minute trading halt. When the shares resume trading, they will be traded as cum dividend until the ex-dividend date.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

What is treasury stock?
Can you explain the term "split factor adjustment"?
What are imputation credits?
Can I buy shares in my daughters' names?
What is an IPO?
What do bid/offer and buy/sell mean?
What does 'Div cps' stand for?
When do shares go ex-dividend?
What is a 'dividend yield'?
Do I have to sell my shares through the broker I bought them from?