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Re: sup105 post# 611

Wednesday, 01/16/2013 6:37:37 PM

Wednesday, January 16, 2013 6:37:37 PM

Post# of 1303
nothing is being divided, ZPPB announced today after the close a 2-for-1 dividend will be paid out. A dividend is a payment to the shareholders, typically cash, but in this case additional shares. So once FIRNA announces the ex-dividend date...on the opening bell of that date every shareholder will now have twice as many shares.

B/c its a dividend and not a forward split...the dividend itself does not affect the share price. For instance, lets say the ex-dividend date is 1/18...on 1/17 the stock closes at .50, on 1/18 when the market opens you now have twice as many shares at .50, essentially you now have twice the market value.

Here's the press release:
finance.yahoo.com/news/zippy-bags