RJ it says EITHER a cash dividend > 25% OR a stoc
Post# of 36537
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Posted On: 01/29/2019 12:06:51 PM
RJ it says EITHER a cash dividend > 25% OR a stock dividend of any amount! So ours is a stock dividend, so according to this and the SEC, our ex-div date should be Feb 26!
Quote:
If a company issues a dividend in stock instead of cash (or the cash dividend is 25% or more of the value of the stock), the ex-dividend date rules are slightly different. With a stock dividend or large cash dividend, the ex-dividend date is set on the first business day after the dividend is paid.
Quote:
If a company issues a dividend in stock instead of cash (or the cash dividend is 25% or more of the value of the stock), the ex-dividend date rules are slightly different. With a stock dividend or large cash dividend, the ex-dividend date is set on the first business day after the dividend is paid.
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