It closed at 23.53 yesterday. Is anyone else seeing what I am. Did I have a time warp or something that set the clocks back a couple of weeks?
That price runup was pretty! Its returning to the uptrend so quickly!When is the next x-date?
Joe,Do I need to hold on to the stock until 7/2 the date the pay out the dividend ? -- PS:
If you're asking me I don't know because this is my first experience with a special dividend. I'm holding for a while and think we will get back to $24-$25 soon.Good luck.
they do have a 10-b 18 program in place
$1.08 dividend payment. Today is the x-dividend date, so you had to own the stock as of the end of trading yesterday to get the dividend, which will be paid on 7/2. The adjusted closing price yesterday is $23.54-$1.08=$22.46.
they adjust price on x-date 7/2 - this friday is the record date that you need to own stock- today is not x-date - drop due to mkt. sell off-------
Thanks, I realised that after I posted the message. Did not know that the stock price would be adjusted. Live and learn.