Post by
Roller007 on Jul 08, 2016 11:38am
Who pays the divident
For the 13 million or so shorted shares.
Comment by
Lumberfeverlong on Jul 08, 2016 11:43am
The shorts do and that is why I think the dividend should be increased and a share buyback initiated.
Comment by
TOMMY1 on Jul 08, 2016 11:57am
The short-sellers have to pay the dividened to the shareholder they "borrowed" the stock from - that is why companies with higher dividends are a deterrent to shorters. Apparently shorts hate paying dividends.
Comment by
TOMMY1 on Jul 08, 2016 12:00pm
Sorry - just saw Lumberfeverlong had already answered that. I hadn't refereshed my browser - lots of activity on the board today....
Comment by
cavinsin on Jul 08, 2016 12:27pm
Shorts, Appears to be very smart people??? Shorting Can. banks. Canadian banks pay on average 4.5% div. and are stubborn , with share price, Shorts are making a lot of money,?? waiting for Can. Banks share price to collapse, good luck to them
Comment by
select1011 on Jul 08, 2016 12:39pm
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Comment by
select1011 on Jul 08, 2016 1:33pm
This post has been removed in accordance with Community Policy