KAT Exploration Inc (KATX)

[TinkerBelle]

B402......

Quote: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 (and is also after the record date).

Well..... the word "may" means I need to contact my broker..... Everyone should do the same before they think of selling :o)