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Capt_Nemo

11/29/05 10:26 PM

#11193 RE: Ruellit #11192

If the div is 1.00, and the stock is 10.00, it's a 10% divvie. If the stock price drops to 5.00, it's a 20% divvie. The percentage of the divvie changes daily as the price stock moves, assuming it's a fixed $$$ amount dividend, which most are.
Buzz sent this