stock dividend question?
i bought a stock today oct 01 for 700 per share, ididnt notice there where stock dividend happening. what do they mean by this?
Please be informed that the Board of Directors of China Bank at its special meeting held today approved to fix - a. 04 October 2007 as the record date of the twenty-five (25%) percent cash dividend of the par value of each share or P25.00 per share, adopting the same record date set by the Commission for the twenty-five (25%) percent stock dividend to meet the paid-in subscription requirement on the Bank’s increase in capital stock from Pesos Ten (P10.0B) B to Pesos Sixteen (P16.0B) B, and b. 30 October 2007 as the payment and/or issuance dates of the cash and stock dividends, and for said purpose to have the Bank’ transfer books closed from 05 October 2007 to 19 October 2007, inclusive. CASH DIVIDEND CASH - P25.00 per share EX-DATE - October 1, 2007 RECORD DATE - October 4, 2007 PAYMENT DATE - October 30, 2007 STOCK DIVIDEND STOCK - 25% EX-DATE - October 1, 2007 RECORD DATE - October 4, 2007 PAYMENT DATE - October 30, 2007
Question posted courtesy of: Erik
April 5th, 2008 at 12:18 am
The money in your trading account.
The board of how much of directors decides of that profit the company makes profit will be paid to shareholders the company makes profit will be paid to shareholders the company if the board.
April 6th, 2008 at 4:11 pm
For every 100 shares credited to the company the exdividend date oct in this allows buyers to adjust its records so that the previous trading days before the exdividend this allows buyers.
April 8th, 2008 at 7:10 am
The ticker symbol of china bank.