InvestorsHub Logo
Followers 39
Posts 2468
Boards Moderated 0
Alias Born 12/07/2016

Re: Breadcrumbs post# 48806

Thursday, 08/17/2017 9:37:07 PM

Thursday, August 17, 2017 9:37:07 PM

Post# of 346500
It was first announced as a pro-rata dividend.

We'll own an equal PERCENTAGE of the spinoff company as we do of AMFE at the date of record (to be announced).



What is 'Pro-Rata'
Pro rata is the term used to describe a proportionate allocation. It is a method of assigning an amount to a fraction according to its share of the whole. While a pro rata calculation can be used to determine the appropriate portions of any given whole, it is most commonly used in business finance.



Read more: Pro-Rata http://www.investopedia.com/terms/p/pro-rata.asp#ixzz4q4BGrtcx
Follow us: Investopedia on Facebook