Wed, Sep 17, 2014, 10:32 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Shoe Carnival Inc. Message Board

  • franksblinds franksblinds Mar 23, 2012 9:42 PM Flag

    Split/ 1 stock for dividend, what does that mean?

    "three-for-two stock split of the shares of the Company's common stock. The stock split will be effected by the payment of a stock dividend of one share on each two shares of common stock" Can someone actually expalin this, please. Sounds good until you look at it, if If have 2 shares, $30 each, do I now get 3 shares worth a total of $60. Does this effect the Cap value, more shares? Is this a sneaky way of providing a secondary offering, or are you actually getting another $30 stock. How will this effect the stock price until April 13th. If it pushes the stock up, why would not the bigger players sell heavy before April 13th, drop the price, and repurchase more with the same amount of money at lower prices while we are holding the bag.

    Thanks.

 
SCVL
18.89+0.08(+0.43%)Sep 17 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.