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Duke's reverse split?
Whatl the deal???
what happens to the stock price, the dividend???
Should I stay or should I go??? Got a great dividend now.
1 Answer
- Anonymous10 years agoFavorite Answer
Neither the value of your ownership nor the cash you receive from dividends will change. The stock price may seem to rise dramatically on the day of the reverse split, but it is because site like Yahoo Finance have trouble accounting for it. You are no richer or poorer.
If you are going to sell, sell based on fundamentals.