Replies to post #51425 on Bagman's charts, watchlists, scans and etc.

[langlui]

Posted by: langlui Date: Monday, December 07, 2009 6:19:13 PM
In reply to: I- B- N who wrote msg# 71691 Post # of 76746

All I know was that BMNM paid a $0.05/share November dividend on Nov 20th to shareholders on record, who had to hold the shares on Nov 11th by closing.

For the December dividend, shareholders can elect to receive cash dividend (at least $0.065 per share) or Class A common shares, but today is the last day to purchase and hold the BMNM shares to qualify for the December dividend. It will be paid to shareholdres on January 19, 2010. Also, shareholders will receive the election form on December 9th.

That's all I know

[I- B- N]

The dividends were declared by the Board of Directors as follows: (1) a regular dividend on the common stock of Bimini Capital of $0.05 per share, to be paid in cash on November 20, 2009, to shareholders of record on November 16, 2009 (the “November Dividend”);

and (2) a special dividend on the common stock of Bimini Capital of $0.65 per share, payable in cash and/or shares of Class A Common Stock at the election of the shareholder; however, Bimini Capital will limit the amount of cash payable pursuant to the dividend to 10% of the aggregate value of the dividend, or approximately $1.89 million (the “December Dividend”). The December Dividend is payable on January 19, 2010, to shareholders of record on December 9, 2009