Thursday, August 20, 2015 12:55:44 AM
Your cash dividend confirmation from owning CRGP shares that you and all others have posted is much appreciated. Yes, I too called TD Ameritrade and I was told that I was eligible for receiving the cash dividend.
I told the guy that I bought shares of CRGP last week and earlier this week. The guy put me on hold and then came back to tell me that there is a "Due Bill" there for me to receive the .011 per share cash dividend. He said that he didn't see it for me to receive the stock dividend, but that such was there for me to receive the cash dividend.
He said that the ex-dividend date is Aug 19, 2015 and that it will usually properly reflect a couple days later or so around on Aug 21, 2015 and will probably be reflected in my account on Aug 24, 2015 at the earliest. He said that it could take a little longer, but that I will definitely be getting the cash dividend.
I have to admit that I was not sure if such cash dividend would be honored because of me buying after the Date of Record. This is why I had simply had the logic that I was basically buying to hold for the second dividend and the subsequent dividends to follow since 4 cash dividends were slated to be given per year on a quarterly basis. Since FINRA approved this first cash dividend, I had no problem with holding out for subsequent cash dividends. It appears that the SEC rule posted below is actually true:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116215723
v/r
Sterling
Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39092516
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