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When we left Frontier Communications (NAS: FTR) this past February at its fourth-quarter 2011 earnings release, it had just announced that it would cut in its dividend almost in half (gasp!).
Frontier Communications (FTR) closed the most recent trading day at $2.10, moving -1.41% from the previous trading session. Frontier Communications (FTR) Stock Sinks As Market Gains: What You ...
Frontier Communications Corporation (NASDAQ:FTR) shareholders should be happy to see the share price up 16% in the last month. But will that heal all the wounds inflicted over 5 years of declines?
A dividend is a distribution of profits by a corporation to its shareholders, after which the stock exchange decreases the price of the stock by the dividend to remove volatility. The market has no control over the stock price on open on the ex-dividend date, though more often than not it may open higher. [ 1 ]
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For instance, if the record date is Sunday, then the ex-dividend date is the preceding Thursday, not Friday — assuming no intervening holidays. To be a stockholder on the record date, an investor must purchase the stock before the ex-dividend date in order to allow for the 1-trading day settlement of the stock purchase. If the investor ...
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