AmBase Corporation (ABCP)

[RxJoshRx]

From investopedia-

"*Note: Different rules apply if the dividend is 25% or greater of the value of the security. In this case, the Financial Industry Regulatory Authority (FINRA) indicates that the ex-date is the first business day following the payable date. For further details on dividend issues, search FINRA's website.

Read more: http://www.investopedia.com/articles/02/110802.asp#ixzz2Et7t8jYy";

I guess my question is though, how or why would they give me the dividend money for a full day and then take it out? What would have happened if I had invested that money or taken it out of my account??