Yea it reads that way. Initially it seems like the corporation figured the share dividend would be handled as a value of 25% or more, but it looks like FINRA stepped in to say it should be regulated with normal ex-dividend dates instead. By revising the date the Corporation looks like they're rewarding investors who are holding on to their stock instead of selling as soon as they think theyll reap a small reward. Also I think the record date change encourages buyers at the moment as they would still be in on the dividend if stock is purchased before the 28th of January. This is not a run of the mill dividend and the fact that a regulator stepped in does not reflect poorly on the corporation. Especially since they are rewarding longs and new investors by moving the record date to a later date. They not screwing anybody who is holding or plans to invest for the future.
You are right Ann. Since this one is not a greater than 25% dividend, they are going to follow normal dividend rules. I’m glad they clarified it though for everyone.
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