InvestorsHub Logo
Followers 130
Posts 18112
Boards Moderated 0
Alias Born 01/16/2007

Re: None

Tuesday, 01/23/2007 1:41:33 AM

Tuesday, January 23, 2007 1:41:33 AM

Post# of 63795
Dividends and Shorts

I know for a fact, that when a dividend paying company pays out a dividend, shorts are required to pay the dividend on any shares that they are short. If a dividend paying company declares a $1 dividend, shorts must pay the $1 dividend on all shares that they are short.

So, since the SPC spinoff is officially a dividend, will shorts be required to supply one share of SPC for every share of USSE that they are short?

.