Followers | 2568 |
Posts | 302815 |
Boards Moderated | 29 |
Alias Born | 04/12/2001 |
![](https://investorshub.advfn.com/uicon/5708.png?cb=1464372298)
Saturday, September 12, 2015 6:01:01 PM
No. The cash dividend was a special dividend, because the amount paid was greater than 25% of the value of the company's stock. The stock dividend was just a stock dividend, without an ex date. So only shareholders as of the record date, 30 June, qualified for it.
The stock dividend was paid, but hasn't been discussed here much. That's because most posters don't seem to have been shareholders as of 30 June, and because in terms of interest, the cash divvy far overshadowed it.
The company should have known--but apparently did not--that the cash dividend was a special dividend, and should have declared it as such. Not as a quarterly.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM