Dorel Industries Ord Shs Class A T.DII.A

Alternate Symbol(s): DIIBF | T.DII.B

Consumer Cyclical

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.

TSX:DII.A - Post by User

Dorel Industries Ord Shs Class A > January 18 is the date for shareholders of record

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Comment by McRambuson Jan 13, 2022 10:19am

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Post# 34312408

RE:RE:RE:RE:January 18 is the date for shareholders of record

nozzpack wrote: That seems confusing, given the record date.

So, if you sell after this week, you don't receive the dividend ?
And the buyer gets the dividend ?

Whats the purpose of the record date then ?

You will NOT receive the dividend if you sell before Feb 1 because the stock will trade with 'due bills' meaning the stock will continue to carry the value of the dividend until ex date. Anyone selling before the ex date also sell his right to the dividend, This is NOT an ordinary dividend. Without Due bills trading on large dividend it would blow a hole in a margin account.

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