Replies to post #30285 on Aluf Holdings Inc (AHIX)

[TJG]

Gee it sure would have been nice if you had read that entire article..you might have gotten it right...but as we are accustom miss information.

Here is the part from that article that includes what WE ARE GETTING, a Stock Dividend, your missinformation is for a CASH dividend..

Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).

If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid.


So as you can see the last day to buy is APRIL 12 TO RECEIVE THE STOCK DIVIDEND.

http://www.sec.gov/answers/dividen.htm

[PhilCheeze]

Today? The PR says the Ex-dividend is on Friday April 12th.

which one is it? Enquiring minds would like to know.

PC