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Where do you get that? Any source doc or opinion as to why? Makes no sense.
Nevermind.. they declared the dividend first. There will be no SPO until just after the dividend pay out.
That is the most likely future. Doing a SPO between div announcement and ex-div smells of pump-and-dump and I for one will be completely surprised if it ever happens.
PSEC is going to do one tomorrow though.