Assumptions:

  • The price of shares corresponds to the closing price on the stock market action. For dates on which there was no negotiation will take the price of the day immediately preceding it.
  • It takes into account the ex-dividend period.
  • Only cash dividends are considered and not considered payment of stock dividends.
  • It is not considered reinvestment of dividends.
  • No commissions or other charges considered of the transaction.

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