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Posted On: 12/31/2019 1:43:52 PM
Post# of 36549
Re: bwolfy2002 #10440
I read it wrong. It states 'before' ex-date which is 1/6. Since 1/6 is on a Monday, 1/3 Is on Friday when we get them, not really much time to sell.
So, you will be able to sell on 1/6, just not before 1/6 or you lose the dividend.
Generex will now pay the postponed 1:1 dividend
at a ratio of 2 to 5; i.e. for every 5 shares of Generex you own on the pay date you get 2
new Generex shares. The new pay date for this 2:5 dividend will be January 3, 2020 with
an ex-date of January 6, 2020. Please remember if you sell your shares before the ex-date
you will get a pay due bill and your dividend shares will go to the buyer.
Read More: https://investorshangout.com/post/view?id=563...z69i9qvoGq
So, you will be able to sell on 1/6, just not before 1/6 or you lose the dividend.
Generex will now pay the postponed 1:1 dividend
at a ratio of 2 to 5; i.e. for every 5 shares of Generex you own on the pay date you get 2
new Generex shares. The new pay date for this 2:5 dividend will be January 3, 2020 with
an ex-date of January 6, 2020. Please remember if you sell your shares before the ex-date
you will get a pay due bill and your dividend shares will go to the buyer.
Read More: https://investorshangout.com/post/view?id=563...z69i9qvoGq
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