TSX:AAR.UN - Post by User
Post by
westcoastalmanon May 25, 2018 3:21pm
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Post# 28082263
Closing date and lost distribution for May
Closing date and lost distribution for MayToo bad Investors get no distribution for May. They managed to squeak in the settlement a couple of days before ex-distribution date. Part of the agreement to not pay partial distributions but it works out a nice saving of $.028 share for the new owners when they get control. Something Directors should consider when considering bids. Current shareholders effectively had funds tied up for almost the full month with no return. (Effectively $8.10 less .028 monthly distribution).