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Post by azesm on Aug 19, 2004 10:18:52 GMT -5
Dividends date « Thread started on: Jul 28th, 2004, 1:24pm » <br>liquidator Junior Member member is online Posts: 51 Dividend dates « Thread started on: Today at 1:09pm »<br>This is kind of vague, but may help shed some light on dividend dates. Courtesy of Investopedia.com The Important Dates of a Dividend There are four major dates in the process of a company paying dividends: Declaration date – This is the date on which the board of directors announces to shareholders and the market as a whole that the company will pay a dividend. Ex-date or Ex-dividend date – On (or after) this date the security trades without its dividend. If you buy a dividend paying stock one day before the ex-dividend you will still get the dividend, but if you buy on the ex-dividend date, you won't get the dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared you need to sell on (or after) the ex-dividend day. The ex-date is the second business day before the date of record. Date of record – This is the date on which the company looks at its records to see who the shareholders of the company are. An investor must be listed as a "holder of record" to ensure the right of a dividend payout. Date of payment (payable date) – This is the date the company mails out the dividend to the holder of record. This date is generally a week or more after the date of record so that the company has sufficient time to ensure that it accurately pays all those who are entitled. Why All These Dates? Ex-dividend dates are used to make sure dividend checks go to the right people. In today's market, settlement of stocks is a T+3 process, which means that when you buy a stock, it takes three days from the transaction date (T) for the change to be entered into the company's record books. As mentioned, if you are not in the company's record books on the date of record, you won't receive the dividend payment. To ensure that you are in the record books, you need to buy the stock at least three days before the date of record, which also happens to be the day before the ex-dividend date. A Money Machine? Now that we understand that a dividend can be received by purchasing the stock before the ex-date, can we make more money? Nope, it's not that easy. Remember, everybody knows when the dividend is going to be paid, and the market sees the dividend payout as a time when the company is giving out a part of its profits (reducing its cash). So the price of the stock will drop approximately by the amount of the dividend on the ex-dividend date. The word "approximately" is crucial here. Due to tax considerations and other happenings in the market, the actual drop in price may be slightly different. In any case, the point is that you can't make free profits on the ex-dividend date. Conclusion The reasons for and effects of all these dates are by no means easy to grasp. It's important to clear up any confusion between ex-dividend and record dates. But always keep in mind that when you're investing in a dividend paying stock, it's more crucial to consider the quality of the company than the date on which you buy in. fpr more information www.investopedia.com/articles/02/110802.asp64.136.26.227 68.186.244.169
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Post by azesm on Aug 19, 2004 10:19:40 GMT -5
Re: Dividends date « Reply #2 on: Aug 15th, 2004, 7:41pm » <br> Ex-Dividend Dates: When Are You Entitled to Stock and Cash Dividends Have you ever bought a stock only to find out later that you were not entitled to the next cash or stock dividend paid by the company? To determine whether you should get cash and most stock dividends, you need to look at two important dates. They are the "record date" or "date of record" and the "ex-dividend date" or "ex-date." When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information. Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend. Here is an example: Declaration Date Ex-Dividend Date Record Date Payable Date 7/27/2004 8/6/2004 8/10/2004 9/10/2004 On July 27, 2004, Company XYZ declares a dividend payable on September 10, 2004 to its shareholders. XYZ also announces that shareholders of record on the company's books on or before August 10, 2004 are entitled to the dividend. The stock would then go ex-dividend two business days before the record date. In this example, the record date falls on a Tuesday. Excluding weekends and holidays, the ex-dividend is set two business days before the record date or the opening of the market – in this case on the preceding Friday. This means anyone who bought the stock on Friday or after would not get the dividend. At the same time, those who purchase before the ex-dividend date receive the dividend. With a significant dividend, the price of a stock may move up by the dollar amount of the dividend as the ex-dividend date approaches and then fall by that amount after the ex-dividend date. A stock that has gone ex-dividend is marked with an "x" in newspapers on that day. Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date). If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid. If you have questions about specific dividends, you should consult with your financial advisor. You can also get information by going to your library and reading Standard and Poor's Dividend Record Binder. www.sec.gov/answers/dividen.htm 68.186.244.169
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Post by azesm on Aug 19, 2004 10:20:39 GMT -5
fastwalker Executive Member member is online Posts: 276 Re: Dividends date « Reply #1 on: Aug 12th, 2004, 11:18pm » <br>Azesm ,got this for research ...the outline of the SEC laws..etc which can be found at www.nasdr.com/2610_2004.asp#04-54Hope this helps out both new and those like me....sometimes confused « Last Edit: Aug 12th, 2004, 11:20pm by fastwalker » 66.25.79.105
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Post by azesm on Aug 19, 2004 10:22:37 GMT -5
fastwalker Executive Member member is onlin Posts: 277 calculating dividends « Thread started on: Aug 18th, 2004, 10:20am » <br>FYI... Return on investment from Dividend « Thread started on: Today at 08:33am »<br> -------------------------------------------------------------------------------- If you want to know how many shares you should be getting in a worst case scenario that the company would be distributing only 8% of the received shares to the shareholders... The number of UCAD is already annouced on the otrcb site : www.otcbb.com/asp/dividend.asp?sym_id=CMKX&dDate=08/20/2004&sDateType=Record_dateAs you can see you will be getting 0.0000155 UCAD shares per CMKX share... or 15.5 UCAD shares per 1 million CMKX shares at a value of about 6$ per shares it will give you a return of 93$ per million shares of CMKX If we use the rule of 8% ( See 5th section of www.findarticles.com/p/articles/mi_m0EIN/is_2003_Jan_7/ai_96198036) of the acquired shares are given out to the shareholders : - 40 billion shares of CIM x 0.08 = 3 200 000 000 CIM shares will be distributed with an OS of about 40 billion(hnown if the 8% was applied to the UCAD shares) you will be getting 0.08 CIM shares per CMKX share... or 80 000 CIM shares per 1 million CMKX shares. CIM shares have no value yet since the company is not publicly traded YET! - 95 502 027 shares of GEMM(Juina mining) x 0.08 = 7640162.16 GEMM shares will be distributed with an OS of about 40 billion you will be getting 0.000191 GEMM shares per CMKX share... or 191 GEMM shares per 1 million CMKX shares at a value of about 0.04$ per share it will give you a return of 7.64$ per million shares of CMKX - If we get the other 127 336 036 shares of GEMM x 0.08 = 10186882.88 GEMM shares will be distributed with an OS of about 40 billion you will be getting 0.000254 GEMM shares per CMKX share... or 254 GEMM shares per 1 million CMKX shares at a value of about 0.04$ per share it will give you a return of 10.16$ per million shares of CMKX The big total of all this : 93$+7.64$+10.16$ = 110.8$ for every 1 million shares of CMKX If you bought your CMKX shares at : - 0.0001$ = 110% return on investment - 0.0002$ = 55% return on investment - 0.0003$ = 36% return on investment - 0.0004$ = 28% return on investment - 0.0005$ = 22% return on investment - 0.0006$ = 18% return on investment - 0.0007$ = 16% return on investment - 0.0008$ = 14% return on investment - 0.0009$ = 12% return on investment - 0.001$ = 11% return on investment Do you know any bank or stock that gives you that much And remember the price of those shares have the time to rise before you sell them in a year... and we still don't know how much the CIM shares are going to be worth when they start trading... This is only one way of calculating it... depending on the O/S and the number of shares being distributed and can be much more but not much lower... fwiw... 66.25.79.105 fastwalker
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Post by fastwalker on Aug 19, 2004 10:24:56 GMT -5
fastwalker Executive Member member is online Posts: 276 Re: Dividends date « Reply #1 on: Aug 12th, 2004, 11:18pm » <br>Azesm ,got this for research ...the outline of the SEC laws..etc which can be found at www.nasdr.com/2610_2004.asp#04-54Hope this helps out both new and those like me....sometimes confused « Last Edit: Aug 12th, 2004, 11:20pm by fastwalker » 66.25.79.105 ;D AZ..Mal and company..this is why this is a very good board...we work as a team and get it done...I posted my remarks on your other post AZ, about the other boards and I have to admit...unless we allow bashers to disrupt this board, we will be the only netural board remaining...kinda like Switzerland ...staying out of the conflicts...but armed to the teeth... ;D
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Post by azesm on Aug 31, 2004 0:12:38 GMT -5
fastwalker
Moderator member is online
"Everyone has their day,it's just that some days seem to last longer than others."
Gender: Posts: 852
Calculating Shares « Thread started on: Aug 20th, 2004, 7:02pm » <br>This is usually Bart's stuff, but I figured it would be OK for some of our newer members to peruse.
Let's say you get 75 UCAD shares, well....
Take that divided by your total CMKX shares (which we'll say is 1,000,000 for this example). That would give you .000075. That means you have .000075 UCAD shares for every CMKX share (the same ratio for everybody). Since we know 7,500,000 UCAD shares were distributed, we divide .000075 into 7,500,000 which would give us 100,000,000,000. That would be our CMKX O/S - 100 Bil. So......
7,500,000/(Your UCAD shares/Your CMKX total shares) = CMKX O/S
I know I know. It's simple math. I just figured this info had more relevance than most of the banter that has been going on lately.
FWIW / FYI..of course if its wrong..my bad.. and I holler for help... « Last Edit: Aug 20th, 2004, 7:03pm by fastwalker » 66.25.79.105 Information /opinions contained in this documents are drawn from sources believed reliable and the accuracy/completeness of the document is not guaranteed, nor do I assume any liability..Please do your own DD..
"History is philosophy from example"
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Post by azesm on Aug 31, 2004 0:16:17 GMT -5
Bart Moderator member is offline Posts: 827 Dividend Calculator « Thread started on: Aug 23rd, 2004, 03:23am » <br>TEXT Dividend Calculator www.desifilms.com/
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Post by azesm on Aug 31, 2004 0:17:26 GMT -5
fastwalker Moderator member is online "Everyone has their day,it's just that some days seem to last longer than others." Gender: Posts: 852 Explanation of Different Dividend Ratios « Thread started on: Aug 26th, 2004, 10:23am » <br>FYI / FWIW....DD Explanation of Different Dividend Ratios « Thread started on: Aug 23rd, 2004, 2:02pm »<br> -------------------------------------------------------------------------------- www.ragingbull.lycos.com/mboard/boards.cgi?board=CLB01219&board=CLB01219&read=70742&submit=Go&startfrom=&numposts=60By: warkoa 23 Aug 2004, 02:44 PM EDT Msg. 70742 of 70803 Jump to msg. # Thoughts on CIM dividend amount: I thought the CIM dividend amount of .028 per share very interesting. That could imply over 1.4 trillion shares total (40 bill / .028), however I rather doubt it. (will explain below) First, as people figured, the UCAD dividend could suggest 484 billion shares outstanding as people have noted (7.5 mill / .0000155) Now, what if the companies 8% stock dividend policy which was made in January 2003 is still in effect? Well, 8% of 7.5 million implies that the UCAD shares would be distributed to just under 40 billion cmkx shares. Now, 8% of the CIM dividend implies that it would be distributed to just under 115 billion cmkx shares. What am I getting at? IF the 75 billion shares promised to Nevada Minerals is NOT yet issued (and I believe the pr does not say they were given immediately), then 8% of the ucad dividend would imply 40 billion shares (perhaps the float?). Now, if the Nevada Minerals shares are given before the CIM dividend (as in soon), then 8% of 40 billion cim would imply 115 billion shares (again the float?), which would mean an increase of 75 billion ... exactly the amount given to Nevada Minerals. 66.25.79.105 Information /opinions contained in this documents are drawn from sources believed reliable and the accuracy/completeness of the document is not guaranteed, nor do I assume any liability..Please do your own DD.. "History is philosophy from example"
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