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Posted On: 01/24/2019 12:22:48 AM
Post# of 36566
Msowid needing help here.....please read this post, the underlined and colored section.....am i understanding this wrong and is the company as well, not knowing about this rule?
please i need the feedback...
https://www.investor.gov/additional-resources...stock-cash
EX-DIVIDEND DATES: WHEN ARE YOU ENTITLED TO STOCK AND CASH DIVIDENDS
Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).
please i need the feedback...
https://www.investor.gov/additional-resources...stock-cash
EX-DIVIDEND DATES: WHEN ARE YOU ENTITLED TO STOCK AND CASH DIVIDENDS
Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).
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