I noticed that the stock price had been reduced per the dividend but I was not credited with the dividend on my brokerage account. I called the brokerage and they said that the clearing house had a hold on it since MIND did not forward the payment but did reduce the price. The broker said I'd just have to wait until MIND made the payment. Has anyone else had this problem? Did anyone in the USA get payment yet? Thanks for your response.
I'm on eTrade and haven't seen payment either. I was hoping to use the money for the credit card payment from Christmas. I'm not happy with the delay, and I didn't have the stock when the last dividend was paid so I'm not sure whether this is what happens??
Hopefully we'll wake to a pleasant surprise in the AM.
Hey guys....You might want to read this press release on the MNDO website. It is dated Dec 1st. The first five paragraphs might help. There is also a phone number and an email address available for further questions.
It was obvious by the price action today, that Tuesday is the ex-date which would make the 24th the record date. Company can't send out dividends until they find who owned at closing on the 21st. That info is legal on the 24th. When after that is the dividend paid? Usually a week or two after the record date. They have not published a pay date yet. If you find one, please share it with us when you find it. Thanks
Hopefully you owned MNDO this morning at open or you will not qualify for the dividend.
If you purchased your shares on the TASE(Tel Aviv Stock Exchange)than consider everything above as moot.