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https://www.prnewswire.com/news-releases/industrial-nanotech-inc-announces-stock-dividend-to-current-shareholders-301455464.html?tc=eml_cleartime
NEWS PROVIDED BY
Industrial Nanotech, Inc.
Jan 06, 2022, 07:28 ET
Record Date vs. Ex-Dividend Date: An Overview
The record date, or day of record, and the ex-dividend date of a stock are both important dates relating to stock purchases, reporting, and the dividend payout process. These dates determine which investors will receive dividends. The other two dates in the process are the declaration date (the day the dividend is announced) and the payable date (the date dividends are distributed).
Companies use dividends to distribute profits to shareholders and may pay out dividends in several different ways, including cash dividends, stock dividends, or property dividends. . Cash dividends are the most common type of disbursement and are typically sent to stockholders via check or direct deposit. Stock dividends are paid out in the form of company shares.
KEY TAKEAWAYS
The record date is set by the board of directors of a company and refers to the date by which investors must be on the company's books in order to receive a stock's dividend. INTK January 5, 2022
An ex-dividend date is set by stock exchange rules and is usually one business day before the record date. INTK January 4. 2022
If a stock purchase is made on the ex-dividend date rather than before it, then the seller will receive the recently declared dividend for that stock.
A stock's price can drop by the amount of the declared dividend on the ex-dividend date.
Understanding the dates of the dividend payout process, especially the ex-dividend and record dates, is important to both buyers and sellers of a stock.
Record Date
The record date, which is set by a company's board of directors, is the date on which the company compiles a list of shareholders of the stock for which it has declared a dividend. This list is used to determine the shareholders entitled to receive the dividend.
In addition, a record date is used to determine who should receive stock reports, financial reports, proxy statements, and other financial information relating to the company and its stock.1 The record date, along with the ex-dividend date, is important for investors to know to ensure they're eligible to receive the dividends they seek.1
Ex-Dividend Date
Taken from the Latin, ex-dividend means without dividend. The ex-dividend date (ex-date) represents the cut-off date for share ownership relating to a current dividend payment process. It's set by stock exchanges and is based on the U.S. Securities and Exchange Commission's (SEC) T+2 rule for the two-day settlement of trades.3
The ex-date is usually one business day before the record date. Investors who purchase shares any day before the ex-dividend date will be documented as owners of shares on the record date. That means they'll be entitled to receive the dividend payment. Investors who purchase shares on or after the ex-dividend date won't be recognized as shareowners on the record date. Instead, the seller will still be the owner of the record and will receive the dividend payment.1
There are instances when the ex-dividend date actually appears later in the dividend payment process. This can happen when a declared dividend equals 25% or more of the value of the stock. It can also happen if the dividend is paid as stock (not cash). In such circumstances, the ex-dividend date is set at one business day after the payable date.1
The SEC T+2 rule for the timing of the settlement of trades calls for stock transactions to settle (or be completed) no more than two days after a transaction takes place. That's why purchases made the day before the ex-date, which then settle on the record date, make the buyer the owner of the record for purposes of dividend payment.
Record Date vs. Ex-Dividend Date Example
Here's how the record date and ex-dividend date would work in the overall dividend payout process.
Declaration Date Ex-Dividend Date Record Date Payable Date
February 4 February 17 February 18 March 14
Let's say that on Friday, Feb. 4, XYZ Company declares a dividend for its shareholders. The company's board then announces a record date of Friday, Feb. 18. Shareholders of record on that date will be eligible to receive the dividend. Typically, the ex-dividend date would fall one business day before the record date, or, on Thursday, Feb. 17. An investor who purchases shares on or before Wednesday, Feb. 16 will be a shareholder of record on Feb. 18 and will receive the dividend to be paid on March 14. An investor who purchases shares on or after Feb. 17 will not be entitled to the dividend.
THE ADVISOR INSIGHT
Brandon Opre, CFP®
TrustTree Financial, Fort Lauderdale, FL
The legal definitions are pretty straightforward: the ex-dividend date is one day prior to the record date. So if you want the dividend, you need to be an owner the day before the ex-dividend date.
Many people use the term "trading ex," which means the time has already passed to get the dividend. If a stock is "trading ex," that means you can buy it but will not get the dividend for that current period. When a stock is trading ex, sometimes it is valued lower (hypothetically by the amount of the dividend) on the ex-dividend date.
Can I Sell My Shares on the Record Date and Still Get the Dividend?
As long as you're on the company's books as a shareholder on the record date, you can sell your shares that day and receive your dividend. To be recognized as a shareholder on the record date, you must have bought your shares at some point before the ex-dividend date (which is one business day before the record date).4
How Many Days Before the Record Date Is the Ex-Dividend Date?
The ex-dividend date is normally one business day before the record date. For example, if the record date is a Monday, then the ex-dividend date would be the previous Friday. It would not fall on Saturday or Sunday.1
Which Is More Important, the Record Date or the Ex-Dividend Date?
In general, both are important because they are two of the four dates in the dividend payout process that every investor should be aware of. However, the ex-dividend date can be considered more important. That's because investors must buy shares before that date to be considered owners of record for the current dividend distribution. The names of shareowners are simply compiled on the record date. So, if you seek dividends, it's crucial to know the ex-dividend date in order to plan the timing of your transaction.2
Who Sets the Ex-Dividend Date?
The ex-dividend date is set based on rules of the stock exchange on which a stock trades.3
https://www.investopedia.com/ask/answers/042915/what-difference-between-record-date-and-exdividend-date.asp
All those unhappy with Stu will eat their words. Transfer of wealth from the impatient to the patient.
Correct. If you held shares in your account on January 5th. Will receive 7.5% of those shares as stock dividend.
IF[color=red][/color] all is true, I think there will be some news in the June-September time frame . Just a guess. If they can get financing is the key here.
Could also be people with tons of shares from double and triple zero and are taking off some weight with some nice profits. Also, day traders.
Hang in there til the 25th. Should hit by then. Imho
Couldn't agree more. There are a thousand reasons traders/investors causew stocks to trade the way they do. Good growth companies with obvious potential, take patience. As Warren Buffet once said "the stock market is a means of transferring wealth from the impatient to the patient."
Timing is everything and I believe the timing for investing in IQST at this level is excellent.
The previous Galpa Energia project could have been a long term pilot project (proof of concept). Now that they have a successful long term pilot project, it may be what is partially driving there current alleged sales. Fingers crossed on this one.
Nice info TK. The evidence of coating benefits and long term effects is what will propel their sales. IMHO
Tesla interest is not a big deal unless they are interested in helping to develop and produce whatever lithium is there. Why would Tesla right now pay more than the $4M GNCP paid for the claims ?.
That seemingly solid range is certainly welcome and encouraging. Up from here with solid news ?
Depends on when FINRA got the paperwork . My broker said FINRA process about 10 days. Then div will automatically show up in brokerage account.
Yep, but not as optimistic in the short to medium term. Unless, of course their execution meets their estimates. Sold some but still hold 5M.
That's what I am thinking. Hoping with the price of gold and the latest assays and geo work Mexus can attract a JV and a topnotch CEO that is shareholder friendly and willing to step into this quagmire. Hopefully, the April gold sales will show big improvement.
Good questons?
Yahoo Finance 1 hour ago
04.04.2022 | 17:20
Mexus Gold US: Mexus Seeks A Joint Venture Partner For Multiple Properties
CABORCA, MEXICO / ACCESSWIRE / April 4, 2022 / Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") announced that it is aggressively pursuing a qualified mining company to joint venture with at its Santa Elena mine in Caborca, MX. To assist with this endeavor Mexus is seeking a CEO with the right experience to help manage and bring Mexus' three properties into production. In addition, Mexus will look to bring on a 5 person Board of Directors to assist with this process and general decision making going forward.
Over the last 6 months Mexus completed an open pit test heap leach gold recovery process that produced 277.97 oz of gold from 6 test pits at the Santa Elena property. This test along with the 100's of assay samples, ground geophysics, mapping and geological evaluations points to the property being a major gold target within the Mojave Mega Shear zone. The property also sits next to the famous La Herradura mine further evidencing the potential of the property. Mexus believes that the property contains a 1,000,000 plus ounce resource which can be proven with a qualified Joint Venture partner. The company is also open to partnering with a company on the Ures gold, copper, and silver property as well. Across the companies three properties Mexus has over 16,000 acres and 26 different concessions all located in Northern Sonoran State, Mexico.
What's with the volume and price? Any news? Unusual.
Industrial Nanotech Inc@indnanotech·Mar 31
We welcome constructive criticism from shareholders & challenges from competitors. But libel/slander/defamation by competitors/shorters will get same result as patent infringement: Litigation fast & furious & we win. ?? We protect our success & shareholder value. $INTK #goforit
Opposite. Go ALYI
Yes. The SEC provides for the extension and if not abused its not like they are necessarily hiding something. I am ok with it unless it becomes a habit. Increasing revenue and profits, uplisting to higher exchanges, management integrity is all that matters. Where there is Exponential growth there will be hiccups along the way.
By the way, that is a quote from Franqois Fenelon.
No big deal. Look forward to filing in a few days. It is only imperfection that complains of what is imperfect. The more perfect we are, the more gentle and quiet we become towards the defects of others.
Why isn't it someone accumulating a large block?
According to my broker should see dividend 10 days after FINRA received paperwork from INTK. I mistakenly thought they had done that back in late February.
Nice! Very encouraging and reason for optimism.
Maybe its unrealized loss because they bought and held and yet to sell anything when instrument is showing a paper loss only.
Sales Q1 3.5M. .Quote from tweet " Sales lined up for Q2, Q3, Q4 exponentially bigger. Learn more at 2PM EDT" So figure that it will be exponentially bigger than 12M for all of 2022. We shall see.
Awesome. Thanks for sharing his reply.
Since when is a PR suppose to be taken seriously? Investing 101.
30 days from February 28 is March 30. Still have 9 days.
Opening EPX-H2O manufacturing plant in Turkey in April to supply upcoming large deals with textile factories throughout the region. More details next Thursday @ Industrial Nanotech Inc Earnings Event 3/24/22 2PM EDT. Register @ link below. $INTK #goforit https://twitter.com/indnanotech
Thanks. Good jnfo.
All of the day to day and operational decisions will be overseen by the Company's President, Mr. Ted Blom and he will be coordinating with both a Nevada based Geological Company and a Geologist; both of whom have an acceptable and proven track record in this geological area and in the Lithium Exploration and Mining Sector.
Same old story. PR's wishful thinking as to timelines of milestones. However, everyone should realize that negotiations are tricky and while there may be good chance of an agreement, the timing of the final signing is unpredictable. I am still somewhat optimistic that they will come to an agreement benificial to shareholders. Preferably sooner than later.
We probably will see the dividend within the next 2-5 business days based on the 10 day period from the time the below was completed. The following was in February 28, 2022 Press release.
"Stock Dividend: The transfer agent has completed the process of moving the Company to DWAC FAST and DRS so that the stock transactions are now fully electronic and the process of issuing the previously announced stock dividend will soon be completed."
$INTK partners w/Kolorgen Ltd to manufacture EPX-H2O in Turkey. Textile factories always receive great $ results, but costly shipping/logistics slowed revenue growth. This solves problem. Expect $10-$15 million annual revenue starting now . $INTK #goforit March 1, 2022
Royal Caribbean Purchasing Dept requests Syneffex vendor registration so can submit PO’s. “Once the paperwork process is completed…all ships will begin adopting it.” 61 ships. Project 9 million revenue over 3 years. $INTK #goforit
Basically a seminar on how Stu got into Nanotechnology and how that the product has proven results from a number of big company test trials over the years. Also, how it will contribute to energy savings in Europe where Energy savings is a big priority. Sales will pick up from here now that the experts see that it works as noted by the recent sales to Tank farms, Railroad tank car owners and sales to Europe and now a surge in interest. As already tweeted Stu will be meeting with some big Japanese companies in May. The other contributors in the Zoom webinar were a UK energy consultant and an UK energy engineer. Over all a good presentation.