Question: Why doesn't Cablevision's $10 planned dividend generate more buying interest? I would expect traders to bid the price up close to or above $33 ($10 above the 52-week high). I'm assuming that people could buy it now and then turn around and sell it on or after April 25th while pocketing the $10 per share.\n\nAm I misunderstanding the possibility (or non-possibility) here?

Answer: The thing is, when a stock goes ex-dividend, the share price gets adjusted by the amount of money taken out by the dividend...  The other problem is that the Dolan family is just plain scary...  Just look at the Knicks!
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