the dividend was considered "special"... gonzil
Post# of 11038
Quote:
gonzilee Member Level Wednesday, 09/23/15 07:36:54 PM
Re: onemessageonly post# 37048
Post # of 37069
the dividend was considered "special" which made all of the dividend payments up until the ex date totally legit. that is what those of you who obviously don't understand what a "special" dividend is, are leaving out in your analysis. i don't know why it is such a hard concept to comprehend. read about the definition and rules for a "special" dividend vs. a regular divy. there is a HUGE difference that crgp management didn't understand, know about or did not consider when they declared a .01 divy. they are responsible for the divy. period. it will not get clawed back. i am sure of it. there is no basis for it.