Thanks, that what I thought as well. So I believe the dividend was payable on or before February 28th. How long do you need to hold the stock now in order to receive the dividend or is it a guarantee based on already holding it on the ex- date?
That's my impression. The record date is 1/31, and two business days before that(the ex-distribution date) would be 1/27. The fact that it closed at $4.40 and opened at $4.10 should confirm that the $0.30 special dividend has been priced in.