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Capt Bob

07/19/07 2:24 PM

#25733 RE: tjak #25723

TJAK, If the RECORD DATE IS JULY 16TH, then the EX-DIVIDEND DATES (weekend involved here) would be July 11th, 12th and 13th. Three days before the RECORD DATE as per SEC Rules, not three days after? So if you bough BEFORE the 11th of July, you would get a dividend, after that no dividend to you but, SPARTAN would get your dividend, and the payable date could be the 20th of July...Also there are special rules for dividends paid in Stock in amounts of 25% or more.