The cum-dividend day is three days before the date of record, because of the 3-day settlement delay ...

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The cum-dividend day is three days before the date of record, because of the 3-day settlement delay ...

The cum-dividend day is three days before the date of record, because of the 3-day settlement delay for stocks.

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Corporate Finance Online

Edition: 2^nd

Authors: Eakins, McNally

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this is exactly what I needed

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