Does anyone know if VGR will be issuing their traditional 15 free shares for every 100 shares you own?
"traditional"? They have not done this for almost five years no?
They have paid a 5% stock dividend every September for as long as I have owned this sock, and I have owned this stock since 2008.
It's NOT 15 per 100; it's 5 per 100. That's a 5% stock dividend that's been paid in September.
The shares are not "free". The PPS is adjusted accordingly. As the saying goes..."there is no such thing as a free lunch" or in this case "free shares".
Stock continues to struggle as the overall markets soar. Sell this nugget and buy MO if you want to stay in the same sector.
It would take you 3 years in MO to get one year return from VGR
I've owned this for 7 years in my ira and have no intention of selling. Why??
btw, I believe it's 5 shares per 100.
That is announced at the time of the September dividend.
OK I was going by what Yahoo Finance showed. Guess they are way out of date! Or is this the 105:100 stock split?