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Re: None

Monday, 02/04/2008 10:29:25 AM

Monday, February 04, 2008 10:29:25 AM

Post# of 141643
"The Stock Dividend will be payable to Shareholders of record on February 11, 2008 and will be payable to Shareholders on February 29, 2008." per Clayton.



"Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off.

The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid.

A significant dividend could cause the price of a stock to move up by the dollar amount of the dividend as the ex-dividend date approaches and then fall by that amount after the ex-dividend date.

The key here is "when is the ex-dividend date?" Does anyone know? The PR doesn't say.


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