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Bullboard - Stock Discussion Forum Tree Island Steel Ltd T.TSL

Alternate Symbol(s):  TWIRF

Tree Island Steel Ltd. is a Canada-based manufacturer and supplier of wire products for a range of applications. The Company, through its operating facilities in Canada and the United States, produces wire products for a diverse range of customers for industrial, residential construction, commercial construction and agricultural applications. Its products include galvanized wire, bright wire... see more

TSX:TSL - Post Discussion

Tree Island Steel Ltd > REMINDER,,,,,Today is LAST DAY to GET $1.20 Special Divie
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Post by Red_Deer on Mar 29, 2022 12:38pm

REMINDER,,,,,Today is LAST DAY to GET $1.20 Special Divie

On March 2, 2022 the Board of Directors declared a regular quarterly dividend of $0.03 per share and an additional $1.20 per share as a special dividend on the issued and outstanding Common Shares of the Company, both payable on April 14, 2022 to holders of record at the close of business on March 31, 2022.
 
What this means is that IF you have/own shares at end of day on Tuesday the 29th__Then You
WILL GET the Special $1.20 Dividend__SAME Applies IF you BUY shares on the 29th.
 
The 30th then Will BE the EX-DIVIDEND date__With NO Special Dividend anymore__and we 
can EXPECT the Share Price to DROP as Much as $1.25 OR MORE on the 30th.
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