A dividend is a portion of a company’s profit paid to preferred and common shareholders. A stock selling for $20 a share with an annual dividend of $1 a share yields the investor 5%.
Term of the Minute
- AON (All or None Order)
A limited price order that is to be executed in its entirety or not at all (no partial transaction). AON orders are not shown on the specialist’s book because they cannot be traded in pieces. Therefore, they will not show on the Bid or Ask.