Yes, provided you are a $VGID shareholder on the date of record, which means you must buy at least 3 days before the date of record because it takes 3 days to settle the purchase.
Anyway, the Fernhill spinoff was 1 for 10 shares though, when I asked, Buzzy said not determined yet. Leaf of Faith will likely not be so generous but my guess is a dividend of somewhere between 1% and 5% is in the cards. Regarding price per share, the underwriter will help determine that and in my discussion with Buzzy about what the Hollywood Star Cuts IPO might look like, a share price of $5 - $7.50 was mentioned as possible.
Now, regarding the Leaf of Faith spinoff, I honestly believe it will be treated in the same way as the Hollywood spinoff and will set the stage for all future spinoffs. Now, I don’t know about you but I am incredibly motivated by these numbers and if I am right this is going to be a really big deal! Good luck!
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