InvestorsHub Logo
Followers 0
Posts 46
Boards Moderated 0
Alias Born 12/07/2006

Re: Buckey post# 55332

Friday, 05/04/2007 11:02:54 AM

Friday, May 04, 2007 11:02:54 AM

Post# of 76867
(b) Normal Ex-Dividend, Ex-Warrants Dates
(1) In respect to cash dividends or distributions, or stock dividends, and the issuance or distribution of warrants, which are less than 25% of the value of the subject security, if the definitive information is received sufficiently in advance of the record date, the date designated as the “ex-dividend date” shall be the second business day preceding the record date if the record date falls on a business day, or the third business day preceding the record date if the record date falls on a day designated by Nasdaq Regulation as a non-delivery date.
(2) In respect to cash dividends or distributions, stock dividends and/or splits, and the distribution of warrants, which are 25% or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date.
NASDAQ Uniform Practice Code Rule 11140