Understanding the Dow Jones Industrial Average
Wednesday June 10, 2009
The Dow Jones Industrial Average is perhaps the most widely followed stock market index in the world. Yet, very few people actually know what the number represents. In the time it takes to put on your shoes, you're about to become one of the rare people who knows what it means when you hear the nightly news. Continue reading about the Dow Jones ...
A simple question. Lets supose a stock trading at $20 pays a dividend of $1. Its value will compensate the payment and get down to $19, and thus pushing down the Dow. So, someone owning each stock of the Dow should equal the average return of the Dow, plus the dividend, and someone who owns a Index fund would lost the dividend adjusts. Am I right?