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dividend dates, this bit of news provides an arbitrage opportunity. Burberry is current yielding only 1.83%, paying 29p on a price of 1,512.5p - so it might not be extremely profitable, but it should be a riskless trade. The method to tackle this would be in the following manner:
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Tuesday, October 15, 2013
Burberry Dividend Arb
A quick note from the Markit News & Commentary team, concerning Dividends:
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