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loanranger

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loanranger

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Re: Fandango911 post# 9566

Thursday, 12/26/2013 3:29:30 PM

Thursday, December 26, 2013 3:29:30 PM

Post# of 37358
Common sense apparently has little to do with this.

They issued a PR before the open on the 19th to announce a distribution, stating that the distribution has a declaration date of December 28th.
A declaration date, as its name implies, is the date on which the dividend is declared...aka announced. Announcing a distribution with a declaration date in the future is oxymoronic.

Those are my principles, and if you don't like them... well, I have others.
(Ladies and gentlemen, the one and only Groucho Marx.)

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