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Re: joyceschoice post# 7273

Friday, 02/10/2012 6:47:07 PM

Friday, February 10, 2012 6:47:07 PM

Post# of 111265
I am 100% sure no divy, until all seniors are paid in full. Same with all Bankruptcies, with the exception of divies connected to REITs for tax status purposes.

Think about it... How can someone get a divy if someone above you did not even get their principal? You are taking that person's principal and calling it a divy distributed to you, a subordinate.

Hey, all I am is realistic, that is all.

Have a nice weekend. I am outtie.

imo


The question I have is - can they continue to defer the dividend after the effective date and up until the 20th quarter if the CT's keep trading?

Anyone know if dividends must be reinstated if, or when, they drop the Q?