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Investing Glossary:
Dividend trade roll/play
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| Used for listed Equity securities. Method of buying and selling stocks around their Ex-Dividend dates so as to collect the Dividend (which is 80% tax-exempt) Offset by a fully-taxable Capital loss. Predicated On the 80% current Exemption that some corporations receive on dividend income.
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