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If the stock is purchased between the date of record and the date the dividend is to be paid, the buyer does not receive the recently declared dividend, and the stock is said to sell ex dividend, or "without dividend".
X or XD A symbol used in newspapers to signify that a stock is trading ex-dividend (without dividend).
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Through September, the Dow, under Mr. Bernanke, has gained 4.4 percent, annualized, without dividends.
That compares with an annualized gain of 5.7 percent, without dividends, over the 50 years through September.
Among all Fed chairmen, he presided over the Dow's worst performance, a decline of 33.4 percent annualized, without dividends.
Still, an investor who bought only stocks without dividends would have done far better than one who bought shares of companies that paid dividends.
If the real value of the S&P 500 increased by 8 percent a year without dividends and inflation, it would be valued at about 2,000,000 points right now).
During Mr. Greenspan's tenure, from Aug. 11, 1987, to Jan . 31 2006, the Dow gained 7.9 percent, annualized, without dividends, according to calculations by Mr. Hickey.
In fact, without dividends, you would have lost money by investing in blue-chip stocks, based on the S.& P. 500.
("Anyone at all, the lowest of the low/gets 15 minutes on a TV show".) The company's naked-soul acting is not without dividends.
Unit trusts that collect high-yielding stocks aren't allowed to hold shares without dividends.
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