Posted On: 10/08/2015 12:05:46 AM
Post# of 11039
...and the other issue janice...
Quote:
gonzilee Member Level Wednesday, 10/07/15 11:44:38 PM
Re: janice shell post# 38552
Post # of 38578
and the other issue janice is that on one hand cor states that 20% of the shares that received the divy were entitled to it. so, even if the shares that were sold into the market after the record date are not entitled, the "special" divy rules still apply to that 20% and the due bills attached to those shares would still stand for those people who sold their shares prior to the ex date and the divy would go to whoever bought those shares on record prior to the ex date. that is still in effect because of th 25% rule for "special" divies. that is yet another reason that i believe dtcc is not going to reverse anything.
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