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Replies to post #2273 on DHT Holdings Inc (DHT)

Replies to #2273 on DHT Holdings Inc (DHT)
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Jack8973902

08/13/20 3:58 PM

#2274 RE: scaryharrysafari #2273

I didn’t know that
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Jack8973902

08/14/20 9:01 AM

#2275 RE: scaryharrysafari #2273

I did a little research and the person who shorted a stock needs to pay the dividend to the broker if they were short the stock on the ex-dividend date. That is because the stock usually drops the following day by approximately the amount of the dividend so it becomes a wash for the short seller so they don’t gain from the drop due to the dividend phenomena.
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Jack8973902

08/14/20 9:01 AM

#2276 RE: scaryharrysafari #2273

I did a little research and the person who shorted a stock needs to pay the dividend to the broker if they were short the stock on the ex-dividend date. That is because the stock usually drops the following day by approximately the amount of the dividend so it becomes a wash for the short seller so they don’t gain from the drop due to the dividend phenomena.