Morningstar Alert VGR
02-07-13 06:42 PM
Stock Dividend Distribution
This stock has declared a cash dividend of $0.083 per share, effective on 2013-02-07. The stock will trade without this distribution as of that date.
Does anyone know why they declared an early div. (normally mid Mar.)?
Any document explining if this is the new div. or a special div? 8.3 cents vs the normal/past 40 cents is a BIG drop.
Something not right about this. VGR always has press release when announcing dividend and I haven't found any other source that has announced this. Also they just raisewd the div in Dec 2012. Something smells