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18Lilliput» Forums » Rules

Subject: $0 Dividend and Impact on Share Price rss

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Matthew Berard
United States
Wabash
IN
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Hit 'em high.
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Hit 'em low.
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I've seen this topic pop up in other threads and figured I'll pull it out on its own.

If a company doesn't have a train, and thus runs for $0, does the share price fall as there is nothing to payout? My assumption is yes - since there was no payout you are effectively withholding the dividend and the stock price will fall. I've seen it argued that since there isn't a payout and there's nothing to withhold the stock price would remain the same.

So, what's the ruling here?
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Eric Brosius
United States
Needham Heights
Massachusetts
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My favorite 18xx game for six players is two games of 1846 with three players each.
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The price falls regardless of why the company doesn't pay a dividend.
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