Tue, Jul 29, 2014, 12:06 AM EDT - U.S. Markets open in 9 hrs 24 mins

Recent

% | $
Click the to save as a favorite.

Duke Energy Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • rankedpsiguy rankedpsiguy May 9, 2007 12:48 PM Flag

    What's up with DUK price today?

    I wondered about that, but have some issues with the explanation.

    5/9/07 is the ex-dividend date. Payout is not until 6/18/07. Isn't changing the share price today just paying the dividend out of the share price? If so, then the corporation is "operating on the float" for the next six weeks.

    Also, wouldn't a change in share price indicate a split rather than a dividend?

    Perhaps I'm missing something obvious, but how can a stock close at one price Tuesday and open at another price Wednesday, unless there is an adjustment - that day - to the number of shares owned by all investors?

    Again, please forgive my ignorance, but I'm truly confused.

 
DUK
74.39+1.18(+1.61%)Jul 28 4:03 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.