$VirnetX Holding (VHC.US)$ was anyone aware that the share p...
$VirnetX Holding(VHC.US$ was anyone aware that the share price would be dropping by a dollar after the dividend was paid?
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Moomoo Lily : Hi, @moomoo Buddy Please assist. Thanks!
Drosen21 : typical for stock to adjust price at the rate of special dividend…hoping it will rebound a bit today…maybe near that dollar mark by lunch?
Drosen21 : Dividend hasn’t posted to my account. Look under Funds Details tab…corporate actions. Hope it posts to my account soon.
CatCallingYourPutsOP : I looked back a little bit on the history of their dividend payments to see how the price reacted and it seems similar, followed by a bounce back up to the original price that week. It even had a decent gain over the following month(s)…… but I did find one anomaly. (I will include a screenshot of what I’m referencing) With only this dividend, the EX-date and pay date are reversed. I’m continuing some research on the reason why this is as I know I have seen this before with other investments, but I can’t for the life of me remember why.
Drosen21 : holding in 3 different brokerages and none of them has posted the dividend yet….not sure whats up.
BobbyC1221 CatCallingYourPutsOP: It’s because of the 25% rule
BobbyC1221 Drosen21: I got mine on RH. That’s about it.
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kdean2742 : stocks usually drop by same amount of special dividends when Div reach certain amounts
kdean2742 : this is not specific to VHC security
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