InvestorsHub Logo
Followers 20
Posts 775
Boards Moderated 0
Alias Born 02/21/2012

Re: Remow post# 10100

Tuesday, 01/07/2014 5:07:31 PM

Tuesday, January 07, 2014 5:07:31 PM

Post# of 37358
Between the record date and the payout date, the dividends are considered to be attached to the shares that existed on the record date. So if you sell your shares now that you owned on the record date (dec 18) the dividend goes to the new owner. This will keep happening until we reach the payout date. A fixed payout date can not be known
until FINRA approves the dividend. MDBX PR anticipates a payout date of Jan 15, subject to FINRA approval.
Let's just ignore the issue of the declaration date being announced as Dec 28 in the PR dated Dec 19. Only MDBX management could explain how that works!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.