Current location - Trademark Inquiry Complete Network - Tian Tian Fund - Why does the cost price decrease and the stock market value decrease when Everbright Bank pays dividends?
Why does the cost price decrease and the stock market value decrease when Everbright Bank pays dividends?
First of all, you should make it clear that the dividends of stocks and funds are the same. Investors can't make a penny. After dividends, the share price will fall. The reduced part will be transferred from the market value to your stock account, which is equivalent to transferring money from the left pocket to the right pocket. You can't get more than a penny. Everbright Bank will have an ex-dividend day tomorrow. The cash dividend per share is 0.098 yuan, and the dividend is 5,233.2 yuan, which is transferred from your market value. Dividend distribution refers to the process that listed companies distribute dividends to shareholders, and it is also the process that shareholders realize their rights and interests. Dividends are subject to income tax deduction, but there is no handling fee. However, the share price will generally rise after dividends. Definition 1: Dividend distribution refers to the process that listed companies distribute dividends to shareholders, and it is also the process that shareholders realize their rights and interests. There are two main forms of dividend distribution: cash dividend and stock dividend. Definition 2: Dividend distribution refers to the after-tax profit of a company. After making up the losses of previous years and withdrawing the statutory reserve fund and arbitrary reserve fund, the remaining profit is distributed in the form of cash or stock according to the shareholding ratio of shareholders or in the way stipulated in the articles of association. When the cost price becomes negative, it means that the money you earn has exceeded the market value of the stock you hold. Generally speaking, there are three situations: during the period of holding stocks, dividends have been given to you, and the stock price has been continuously lowered, giving you money, which eventually leads to negative costs. During the holding period, there are high selling and low sucking, and the difference earned is already higher than the market value held, which eventually leads to your cost being negative. There are dividends and shares, but also low-sucking and high-selling income, which is a combination of the above two situations. This is actually very easy to understand. For example, I bought 1000 shares in 20 yuan and sold them at 2 1 yuan. Then, excluding the handling fee (for convenience), the profit is 1000 yuan. Now the price has fallen back to 20.5, and then I bought 1000 shares. Then the previous profit of 65,438+0,000 yuan will continue to be calculated in this transaction, so this cost will be reduced to 65,438+09.5. The stock handling fee depends on what we talked about when we went to the securities company to open an account, which is generally above 15000 yuan. 1, the stock shows a market value of 0, which is probably a stock that has been suspended, sold, bought on the same day, or entrusted but not yet sold. 2. The stock market value is a way to measure the scale of a company's assets, which is equal to the current stock price of the company multiplied by the number of all common shares of the company. Market value can usually be used as the cost evaluation of acquiring a company, and the growth of market value is usually used as a key indicator to measure the company's operating conditions. Market value will also be affected by non-operating factors, such as acquisition and repurchase. The thing is this: your dividend money has arrived, so your "available" has increased to more than 350, and the increase is your dividend income. However, the total assets remain the same, because after dividends are paid by listed companies, both cash dividends and bonus shares will be ex-dividend, and ex-dividend will be reflected in the stock price. For example, if you give ten to ten this year, you will find that the number of your shares has doubled, but the share price will be half lower. In fact, your total assets have not changed. For another example, if you hold a stock and this year 10 shares pay dividends 10 yuan, then if you hold 1000 shares, you will get dividends 1000 yuan, but at the same time, after ex-dividend, the stock price has dropped by another piece on the basis of the ex-dividend date (tax should be considered, but this can be ignored), so your total assets are negligible. Cash dividends or bonus shares will not increase your total assets. First, the stock cost is the reason for the decrease: all securities trading software calculates the stock cost to find the average cost of holding the total stock. The cost of buying stocks includes: the cost of buying stocks, trading commission, trading stamp duty, Shanghai A shares and transfer fees, etc. So the purchase cost will be higher than the cost calculated by the stock price. One is to get a very low commission rate from the securities company, so the transaction fee is lower than others. Some securities companies can give large investors a minimum transaction commission ratio of 0.05%, which is 6 times lower than that of ordinary retail investors. The second is to buy at a low price, sell after a part of the increase, and buy back the sold shares after the stock price falls. Example (excluding transaction costs): Buy 200 shares at 10.00 yuan, and sell 100 shares when the stock price rises to 15 yuan, so the remaining cost of 100 becomes 5.00 yuan, and then the stock price falls back to 12.00. The transaction price is the price of buying and selling stocks, excluding tax. When calculating the cost price, stamp duty, commission and transfer fee should be included. Total assets are the sum of stock market value and account funds, and have nothing to do with cost and price.