RE:RE:RE:Received the Special Distribution ...When calculating the special dividend, and regular dividend I get the following results. Does this make sense?
H&R’s previously announced regular cash distribution $0.0575 per H&R unit, payable on January 12, 2022 to unitholders of record on December 31, 2021, and special distribution of $0.73 per H&R unit, payable in additional units ($0.63 per unit) and cash ($0.10 per unit) to all unitholders of record as at December 31, 2021, will not be subject to “due bill” trading, and will continue to be paid in the ordinary course.
Per 1,000 shares
Special Dividend
0.63 * 1000 = $630 (when converted to HR.UN units at Jan 12 close 13.12) 630/13.12 = 48.02 Units
0.10 * 1000 = $100
Regular Dividend
0.0575 * 1000 = $57.5