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1·That's important—this really does happen, stocks really do drop in price on the ex-dividend date.

这很重要——这种情况确实会发生，股价通常会在除息日下跌。

2·That's an important — this really does happen, stocks really do drop in price on ex-dividend date.

这很重要，公司就是这么做的，股价通常会在除息日下跌。

3·One only receives the dividend if the share is bought before the ex-dividend date.

只有在除权日期之前购买股票才能享有股息。

4·The variety of dividend tax rate is one of the reasons that cause the variety of stock pricing; it also induces the arbitrage opportunities and additional trading around ex-date.

红利税率的多元化是引致投资者对股票估价差异性的原因之一，并且催生了现金股利除息前后的套利机会和增量交易。