LIQUOR STORES NA LTD 4.70 PCT DEBS T.LIQ.DB.B

RE:RE:RE:RE:RE:RE:RE:RE:Capex

[Goldbuggy1]

DoubleOhDiv wrote: Oh, just to help out a little further, take a look at this link which describes the term "Split Adjusted".
https://www.investopedia.com/terms/s/splitadjusted.asp

Note: I'm totally not trying to insult you or anything, but just providing knowledge to help everyone on the forum out. 

Thanks!

BTW: I just bought into LIQ recently on the news of expansion into New Jersey. 
I think there is a lot to like, with the oil situation in Alberta totally overblown and a great push on the currency exchange on the expansion to the US.  GLTA!

I am glad you could join us. This Dividend on a Stock Split / Reverse Split has gotten mixed up. You need to go back a few pages to get to the start of this now. So just a short recap. The company presently has about 27.5M and pays $1.08 per share per year which is $29.7M paid on Dividends per year. So the Constant here is actually $27.9M. So on a 2 for 1 or even 3 for 1 Stock Split, or a 1 for 2 Reverse-split, the company will still be expected to pay this $29.7M in Dividends. So on a 1 for 2 Reverse-split you would now have 13.75M Shares. So to pay this $29.7 / 13.75 = $2.16 per share. But if the company still kept the Dividend payment of only $1.08 / share after the Reverse-split, which a company can change the Dividend at any time, they would cut there Dividend Payment in half. Perhaps more of a sneaky way of cutting the Dividend in half. But nobody is suggesting they do any of this although a Reverse-split looks kind of attractive to me for other reasons.