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Dolby Laboratories, Inc. Message Board

  • fkamkam fkamkam Dec 17, 2012 3:10 PM Flag

    Strange stock

    To get the dividend, it should be Dec18, 2012. 3 business day to settle on Dec 21,2012.

    No news.

    After they announce dividend, we drop like 3 dollars.

    Why the 2 dollar increase?

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    • Agreed - very strange. There are two opposing forces at play I guess: One thinks the stock should fall by 4 bucks to compensate for the $4 divi and the other wants to get that divi to get the soon-to-disappear tax break. Looks like the second camp was buying early then the first camp started selling on the rise. Then when it fell low enough, the second camp came back strong. Now it is back at a level where buying just for the divi might be risky. Time will tell...

 
DLB
40.61-0.65(-1.58%)Apr 24 4:02 PMEDT