Cellcom Israel Ltd (CEL): Paste. re CEL 6.27 ex dividend definitio...

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momentum74

Re: momentum74 post# 99

Monday, 07/09/2012 4:20:24 PM

Monday, July 09, 2012 4:20:24 PM

Paste. re CEL 6.27 ex dividend definition.
http://www.investopedia.com/terms/e/ex-dividend.asp#axzz209sl0pzk

Definition of 'Ex-Dividend'
A classification of trading shares when a declared dividend belongs to the seller rather than the buyer. A stock will be given ex-dividend status if a person has been confirmed by the company to receive the dividend payment.

Investopedia explains 'Ex-Dividend'
A stock trades ex-dividend on or after the ex-dividend date (ex-date). At this point, the person who owns the security on the ex-dividend date will be awarded the payment, regardless of who currently holds the stock. After the ex-date has been declared, the stock will usually drop in price by the amount of the expected dividend.

Read more: http://www.investopedia.com/terms/e/ex-dividend.asp#ixzz209szNDyy

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