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Friday, January 04, 2013 2:44:32 PM
the Close price of SRGE CHANGED from 0.0057 to 0.0055. Anyone care to venture a guess as to why?
That is how dividends work. The price of the stock is adjusted downward on the ex-dividend date by the amount of the dividend. It works that way for every stock that pays a dividend, every time.
There is no free lunch. What you get in dividends you lose in the value of the stock.
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