Do Not Reduce - DNR

DEFINITION of 'Do Not Reduce - DNR'

A trade type used on an buy or sell order. It tells the broker not to decrease the limit price on buy-limit and sell-stop orders on the record date of a cash dividend.

BREAKING DOWN 'Do Not Reduce - DNR'

When a stock goes ex-dividend the price is usually reduced by the amount of the dividend.

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RELATED FAQS
  1. What is the difference between a buy limit and a sell stop order?

    Understand the differences between the two order types, a buy limit order and a sell stop order, and the purposes each one ... Read Answer >>
  2. What is the difference between record date and ex-dividend date?

    Understand the difference between important stock purchase and reporting dates to ensure correct receipt of investment dividend ... Read Answer >>
  3. If a company moves its dividend record date forward, does the ex-dividend date change ...

    When a dividend is declared, there are three important dates for investors: the dividend payable date, the dividend date ... Read Answer >>
  4. Where can I find the past record dates for a company's cash or stock dividend?

    Learn more about dividend record dates and how they are used to determine the recipient of dividends. Find out how to locate ... Read Answer >>
  5. If I sell my shares before the ex-dividend date will I still get the dividend?

    If you sell before the ex-dividend date you will not receive a dividend from the company. The ex-dividend date is the date ... Read Answer >>
  6. How can I find out what date(s) I am supposed to be entitled to ex-dividends?

    Understand the various dates associated with payment of stock dividends and specifically how the determining ex-dividend ... Read Answer >>
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