I noticed that there are a number of US companies whose shares are traded on London Stock Exchange. Let's take Netflix as an example. In the US, it is traded as
NASDAQ:NFLX but in the UK it has another ticker symbol:
LSE:0QYI. How are these two connected? More precisely:
- Do their prices change in the same way, or it is not necessary (and just true in general)?
- If Netflix was paying dividends, would it pay dividends to the shareholder of
LSE:0QYI? If so, would the dividend yield be the same as the one for NASDAQ stock?