Sir Royalty Income Fund SIRZF

Article to explain dividends and dates

[Robsopinion]

https://www.theglobeandmail.com/investing/education/article-ex-dividend-dates-record-dates-pay-dates-help/

[BlueJay2020]

It's behind a paywall so here it is. It confirms what I said in explanation for the temporary SP drop on the ex-div date. I’m hoping you can clear up some confusion around dividend record dates and ex-dividend dates and explain when an investor needs to buy a stock to get the dividend. Case in point: I bought Leon’s Furniture Ltd. (LNF) on Sept. 3, hoping to receive the special dividend of

[flamingogold]

I believe we are all saying the same thing. Yesterday was ex-div meaning existing shareholders of record like us could have sold and still receive the div. A big selloff would have been a sign that many were just in for the current month's div and unconfident of the stock's future. We did not get a big exodus wihich is a bullish sign. Low float. Strong hands prevail.

[Robsopinion]

Firstly, with all due respect, I'm very surprised that this is even a conversation, this is dividends101 for basic investors.  We are talking about a 1 or 2 day difference in when the units could have been sold to still capture the dividend. That can be very significant. On the other side, if the majority of the available float (those not held by the big players who are long and hold

[Robsopinion]

I never even thought about the paywall, that was very smart of you to copy and paste it for everyone to see! Thank you.  As a side note, the G&M is a very valuable resource for anyone doing a decent amount of investing, and if you don't already have a subscription you may want to consider it 

[flamingogold]

Personally, I will never give the G&M a red cent. My view is probably tainted being a BBD investor and the Globe's agenda (Bell Media) to sink a Canadian icon... now on the path of recovery to the Globe's dismay.

[Robsopinion]

Bombardiers downfall was created by the Bombardier family and the beaudoin family. The nepotism and almost blatant theft of government money as well as the incredibly strong union mentality in Quebec. The Globe just reported on it.  disclosure: I've held a small position in BBD for years. It's nicknamed the "Bomber" for a reason. 

[flamingogold]

BBD has had a checkered past, it was certainly before my initial investment. But they have turned it around... all without any special government assistance and nothing more than what SIR has received for covid. The Globe, however, continued to print bad news, even recycle old news when the headlines were slow. And, when the news was good, they were slow to feature it and even bury it down to