Replies to post #5844 on YaSheng Group (HERB)

[RealDutch]

Good clarification. So, if the spinoff is worth less than $7M then tomorrow is the last day to buy before the ex-divvy date.

Yes.

If we hear nothing before Friday opening, adventurous souls that take this information to heart will have all day Friday to load, if they so choose.

Yes. It'll be a mix. Some will load up, knowing that the dividend is huge. Some will sell, thinking they already qualified (which is awful). Some will perhaps sell, thinking there should have been an announcement already.

So you can think long about which strategy to play here. I don't want to take any chances on a $2 dividend. And it's just a small group of us here who are in the know anyway.

[ix6341]

Ex-Dividend Date vs. Date of Record: What's the Difference? https://www.investopedia.com/articles/02/110802.asp

[RealDutch]

There is nothing on the FINRA daily list yet. Unless something pops up very soon, I think we can conclude that the ex-date will not be tomorrow.

I expect an announcement on May 20. Pay-date May 21, and ex-date May 24.