Yet it adjusts down today? And it's down a whopping 7.5%?
Beginning to wonder why I bought this stock as the overall price action sucks, especially when the market price less the div is way below my avg cost.
Rethinking my strategy regarding all dividend paying stocks.
At the end of today, 6.08 Norwegian Krone equaled $1.00.
Thus, the Norwegian Krone weakened against the US dollar. So, does Awilco get paid in Norwegian Krone, and since the Norwegian Krone weaker relative to the US dollar, the company become worth less in US Dollars?
TDAmeritrade sent me an e-mail confirming that they were wrong..saying "DTC" had it wrong and it will be corrected and that everyone deserving the $1.00 dividend will get it. I hope AWLCF stays low for a long time so I can buy more as dividends flow in to the IRA...It is a gem...