Sino Agro Food Inc (fka SIAF)

[RealDutch]

Record Date is what the company and the big banks use to see who is eligible. But you have to be careful because it doesn't mean you qualify on that date. That's where the ex-date comes in. The stock trades ex-dividend so now you can sell your SIAF shares because you already qualified for the dividend.

The company sets the Record Date. The exchange (FINRA) sets the ex-date in accordance with exchange rules.

The pay date speaks for itself.

The rules are very complex but one thing is always true. It is always about the ex-date for us.

For distributions > 25% as is the case here, the exchange will most likely defer the ex-date until 1 day after the pay-date. Which for us is Nov 15.

So in this case the pay-date isn't relevant either. It is only relevant for regular dividends if the pay-date is some time in the future beyond the ex-date.

If things play out as I think they will, then FINRA will announce the ex-date here on Nov 13, one day before the pay-date. And that's the one that matters.
http://otce.finra.org/DailyList