you are viewing a single comment's thread.
I agree it is a bad deal! We get 2.6125 shares folowed by a reverse split. In other words less shares and usually reverse splits the stock drops.
There is no reverse split. You receive shares of DUK.
There will also be a reverse split to reduce the total number of outstanding shares. Likely to be 1 for 2. This doesn't affect the value of the deal initially, only the # of shares one has and the share price post-split.
your gaining 67 cents a quarter in divys.is it to late to buy
You gain .02/quarter.It's never to late to buy, they sell from 9:30AM - 4:00PM every day.