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Re:Buybacks at $46B a Month Dwarf Everything in U.S. Market ... by JDDunn9 on Monday April 04, 2016 @01:11PM (#11423532)
The ex-dividend date is an implementation flaw that makes the stock price discontinuous at the dividend date (I initially misunderstood this). However, in theory, a pro-rata dividend would be continuous.
Re:Buybacks at $46B a Month Dwarf Everything in U.S. Market ... by tomp on Monday April 04, 2016 @02:27PM (#11424142)
Yes. That's what happens with bonds (clean vs dirty price). It's more complicated with equities because the size of the payout isn't known in advance.