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Corrections Corporation of America Message Board

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  • RetiredPaperman RetiredPaperman Jul 30, 1999 12:45 PM Flag

    d%&$** unions

    You guys are making something that is simple,
    complicated. The Special will be handled just like any other
    quarterly dividend. There will be a Declaration Date,
    Ex-Dividend Date and Record Date. Those dates will either be
    very close to or most likely Exactly matching the
    dates for the regular Q4 dividend.

    In regards to
    the New shares (the $100mm, if it happens), its my
    understanding they must be issued prior to the dividend payment
    so they'll get the special but those shares will
    abide by the same "rules" as the common. If they are
    issued prior to the X dividend date, they'll get the
    Special.

 
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