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TeachMeFinance.com - explain Cum dividend historic definition... Cum dividend -- With dividend; on the London Stock Exchange when a stock is sold cum dividend it means that a dividend has been declared or is due on the stock and that the dividend goes to the buyer of the stock. On the New York Stock Exchange the corresponding term is dividend on. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.