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PDL BioPharma, Inc. Message Board

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  • cal_sunshine2002 cal_sunshine2002 Dec 3, 2009 11:26 PM Flag


    I've been involved a couple times with stock pay special divident.If you hold through ex-divident day, yet sale before the payout, your divident will be tansferred to the one who buy your share. Anyway, it will be reflected on the share price, it is not like you are getting it extra. When a stock sometimes pay out special cash distribution, you should pay attention, because sometimes the distribution is tax-free, so you can convert your capital gain and avoid tax.

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