TSX:INO.UN - Post by User
Comment by
pandscaon Apr 08, 2023 7:04am
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Post# 35385114
RE:Divi 12%
RE:Divi 12% RE: "Any thoughts?": The reason for this is "math".
How fixed price DIV's work:
Stock price of $1 with DIV of $0.10 fixed price. Result: DIV pays $0.10.
Stock price raises to $2 with DIV of $0.10 fixed price. Result: DIV pays $0.10.
Stock price lowers to $0.50 with DIV of $0.10 fixed price. Result: DIV pays $0.10.
How % based DIVs work:
Same stock of $1 with DIV of 10% fixed %. Result: DIV pays $0.10.
Same stock raises to $2 with DIV of 10%. Result: DIV pays $0.20.
Same stock lowers to $0.50 with DIV of 10%. Result: DIV pays $0.05.
Basic math 101?
Is there a more specific question you'd like to ask?