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Xinyuan Real Estate Co., Ltd. Message Board

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  • stan.ackman stan.ackman Jul 15, 2011 10:20 AM Flag

    Good news: dividend shall continue indefinitely per Tom Gurnee

    I don't know what to be exited about. The stock will plunge every time before or after the ex-dividend day. You just get some cash to compensate part of the stock price drop. In addition, you only get 90% of your dividend because of the tax.

    Last time,I sold half of my XIN shares after they announced the dividend and share buyback. Though I didn't get the 9 penny dividend, I sold them at $2.39. Look, the stock is traded below $2.10 now.

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