I believe "stock dividend" means distributed stock

I believe "stock dividend" means distributed stock, not cash.

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'Stock Dividend' - A dividend payment made in the form of additional shares, rather than a cash payout.
www.investopedia.com/terms/s/stockdividend.asp

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I assumed GC might use a spin-off, if there is one, as an incentive for shareholders to remain in the stock after the uplist, meaning GC would choose a spin-off ex-div date that is after the uplisting date. Just a thought.

I'm thinking Gerald's repeated mention of a spin-off may be a bluff, a way to nudge sale negotiations further along. We'll see.

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On Thursday, GE said it plans to spin off its consumer and industrial division, home to its iconic light-bulb and appliance units. The announcement came two months after GE said it planned to sell the appliance unit -- and Mr. Immelt listed potential buyers. ...

Indeed, Mr. Immelt's announcement may be a subtle negotiating tactic. In the weeks ahead, GE is expected to hold management presentations with potential buyers of the appliance unit, says a person familiar with the matter. By flagging the spinoff option, GE may be hoping to push the parties -- expected to include South Korea's LG Electronics Inc., China's Haier Electronics Group Co. and Mexico's Controladora Mabe, a unit of Controladora Comercial Mexicana -- to offer a full price. This person suggested that the final value of the appliance unit could be around $6 billion.
http://online.wsj.com/articles/SB121569687895842549

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