Replies to post #34032 on BIH Corporation (fka BIHC)

[Jim Bishop]

LOL confusion is an understatement. Not much chance of FINRA using the same ex date and pay date for both a cash divvy and a stock divvy.

Company planning to pay a cash divvy on 2x as much stock? I doubt it.

http://finra.complinet.com/finra/display/display.html?rbid=1189&record_id=1159001127&element_id=1159001135&highlight=ex-dividend+date#r1159001127

(1) In respect to cash dividends or distributions, or stock dividends, and the issuance or distribution of warrants, which are less than 25% of the value of the subject security, if the definitive information is received sufficiently in advance of the record date, the date designated as the "ex-dividend date" shall be the second business day preceding the record date if the record date falls on a business day, or the third business day preceding the record date if the record date falls on a day designated by the Committee as a non-delivery date.


(2) In respect to cash dividends or distributions, stock dividends and/or splits, and the distribution of warrants, which are 25% or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date.