GREY:CRIUF - Post by User
Comment by
dm27427on Feb 07, 2019 10:59am
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Post# 29332111
RE:Q1 Distribution
RE:Q1 DistributionI don't think anything is "locked in." It is not explicit in the press release, but the deal is expected to close in Q2, so I am guessing that in order to qualify for the Q1 dividend to be paid June 15th, you will need to hold until at least May 31, the ExDiv date. If that is the case, you can hold for four more months to pick up the dividend plus the few cents between current market price and buy-out price. If you have a better use for the cash now, you are free to sell into the market. I will likely sell into the market today or tomorrow and reinvest rather than hold for another 27 cents or so.