For all practical purposes you're right, but technically the dividend cost shareholders $.0005/MCIG share which was subtracted from the closing price the day before the ex-dividend date. At the time, the shares were trading at around $.22/share so no one even noticed. Also technically, the OBITX shares opened for trading on their first day at $.55/share (i.e. used as the previous day's closing price), however none of us had them in our broker portfolio's yet at that time.