Saturday, September 12, 2015 7:20:07 PM
4 x 0.011 would have been 0.044 which was what I would have received if they would have been able to give their 4 quarterly dividends at that same rate.
The 3% is the number they gave for their special one time dividend. As I stated it is open to interpatation. I read it as 3% the value of the stock at the time of record. You seem to assume other and on a "usually" standard. I always see dividends in plain dollars and cents thru my trading platform at least.
Again it was what it was said to be by the company in their release until proven otherwise by whomever overseas those things. It makes no matter which would have best fit the legal definition of either type of dividend up until that point . I agree that according to your definition that the company made a writing error at least. And my explanation of why along with the math backs that up. Yes according to your definitions, they made a mistake. especially the "windfall" part.
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