PINL:GRPOF - Post by User
Post by
1mattmanon Sep 14, 2018 12:31pm
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Post# 28621281
Dividends in Kind update
Dividends in Kind updateAccording to RBC and my broker, Northbud shares could take 3-5 business days to be distributed to the agents and 1-2 business days to be distributed to the individual beneficiaries. Aka, shareholders of TBP as of ..... you get the picture. So, some people may receive their shares early as some companies are efficient but only if a shareholder has not received shares by next Friday, should a shareholder begin to worried.
also, I mentioned some people have their shares already and some received cash and the reply was,
“there is always risk of errors. These dividends are dividends in kind and should be that unless otherwise negotiated.”
Hope this information helps.
MJ