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Re: Traderfan post# 149860

Thursday, 11/15/2018 3:20:32 PM

Thursday, November 15, 2018 3:20:32 PM

Post# of 163716
I'll post again since people may have missed it and kind of answers your question:

Below are dates for the cash dividends SIAF has announced and paid in the past years.

For 2010:
Jul 15: Announced
Aug 31: Record Date
Oct 15: Paid cash dividend

For 2011:
Oct 26: Announced
Oct 31: Record Date
Nov 15: Paid cash dividend

For 2012:
Dec 6: Announced
Dec 26: Record Date
Jan 15: Paid cash dividend

For 2011, the cash dividend was announced and paid in less than a month (we have 1.5 months until end of year). And the record date (Oct 31) was announced Oct 26, which was only 1 day before the ex-date (Oct 27) since things were T+3 back then. So you only had the day after the announcement to buy the stock and qualify for the cash dividend. I expect them to give shareholders and outside investors more time to buy shares to qualify but I'm just pointing out they have done this in the past. I'm sure you could imagine what would happen price wise due to illiquidity if they only gave us 1 day to qualify for the record date. I wouldn't be surprised if they announce something very shortly, with the record date being Dec 1st and payout being Dec 31st for example.

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