$RVI SPECIAL DIVIDEND need to hold until October 29th!
Thanks to a poster, Josh, on Yahoo! Finance who seems to know this FINRA rule. Not seeing this info on NASDAQ article nor company press release. Take care... $Retail Value Inc(RVI.US$ Just heard back from the company and confirmed the date is the 29th, the press releases aside, NYSE determines the date.
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Shadowpang : Does this mean that if you held stocks before the 14th, you have to hold them until October 29 to receive dividends?
fionaa : @Tupack H McsnacksSo I'm not going to sell at 14oct? right?
Mcsnacks H Tupack fionaa: Yes you can. Oct 14th after the closing bell rings you can sell. All investors that have shares on the 14th when the closing bell rings will be paid 22.04 per share on October 28th.
Mcsnacks H Tupack Shadowpang: Means you buy it on the 13th and hold it until the 14th. You get paid but you won’t be paid until the 28th or 29th
Dotzzzz : Does that mean if we hold the stock and it drops to $3 on 29 Oct then we will actually make a loss overal.
103077823 : the article above is telling us different. it's telling us to hold the shares till 29th Oct then we are eligible for the dividends. So who is correct?
风光3265 : @Tupack H McsnacksIf I buy 30 shares today and open for sale tomorrow, can I get $600
Mcsnacks H Tupack 风光3265: You won’t be paid until October 29th., but yes you will
风光3265 : @Tupack H McsnacksThank you very much
fionaa Mcsnacks H Tupack: We bought it just to get a dividend of ￡ 22
But does he mean that it doesn't matter how much he loses?
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