TSX:BPO.PR.A - Post by User
Comment by
CrazyTraderon Dec 12, 2023 12:11pm
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Post# 35780102
RE:RE:RE:RE:Ex-Dividend I think is the 14th.... Will BPO drop on/after
RE:RE:RE:RE:Ex-Dividend I think is the 14th.... Will BPO drop on/after ...efficient market...share price reduce by dividend...
I don't know about you, but to me nothing efficient about this market, nor does this "logic" applies to Prefer Shares.
Prefer Shares don't participate in the company gains/losses like common shares. Prefer Share are more like debt. If company has a BIG WINFALL, common shares shoot up because winfall goes to them, not Prefer Shares. Similarly, with losses.
This is LOGIC.... But this market is illogical...
So, I'm guessing you are correct, even though a payout of dividends really does not reduce the "value" of the Prefer Shares.
All just my opinion/view/thinking.... checking to see what people/market think because it's people that decide share price, not logic.....so I guess we are going down based on my survey, but it's a survey of only one so far.