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BIOLASE, Inc. Message Board

  • lookingforatenbagger lookingforatenbagger Mar 14, 2013 6:03 PM Flag

    Results of the Stock "Dividend"

    Yesterday was the ex-dividend date. You'll note the "adj. close" column under the historical prices tab is the same as the "close" at $3.99. But the on the day before the Adj. Close is $4.03 and the close is $4.05. That's to compensate for the devaluation of your existing shares. You'll also note the close yesterday showed the stock down 4 cents, not 6. That two cents is the dividend the company gave you for "free."


    Sentiment: Sell

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