1. I would say hold the shares til the divy $$ is in your account. Some say sell before the divy is paid and you can get it, but it's been my experience that most who say that will be the ones posting "where's my divy? I held til ---- date so I was supposed to get it." Probably hold til you have the money.
2. There will be a pop when (and if) the PR confirming the sale and the divy dates arrives. The share price then will figure in what divy, if any, will be paid and has been formally announced.
P.S. On the day everybody gets the divy in their account, the share price will drop by the amount of the divy (reset).
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