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Hallwood Group Incorporated Com Message Board

  • athena_of_olympia athena_of_olympia May 5, 2005 6:23 PM Flag

    galenahill

    Do you think the stock will correct down $37,when the dividend is paid ? It's hard for me to understand these things....:(

    I have seen some stocks lose more than the dividend amount, after the settlement date.

    Again, just a dumb girl....


    Nicki

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    • You might want to take a look at FNF. After the company paid a dividend in March, the stock price dropped more than the ten dollar dividend. However, the price per share has been climbing back since then.

    • Nicki,

      On ex-dividend day the stock price will be
      reset downward the amount of the dividend ($37.70). Based on today's closing price that
      would result in a PPS at opening tomorrow of
      $107.30.

      There have been a number of cash rich companies that have paid big dividends to shareholders this past year. Some had slow upward price movement in the months post dividend and some actually moved much lower.

      It depends on how the investors and market see
      what's left of the company and its business.

      So, that leaves you with the decision - will
      you be better off keeping the shares and
      getting the fat dividend, or selling the shares now and going to the side to watch the
      action?

      Good luck!

      Regards,

      Tom

 
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