Post by
TheEgyptian on Apr 09, 2019 10:15pm
Quick calculation
Assume you buy the share for a total $1000 at $8.50, and assume the deal is closed in June. You make $8.8 - $8.6 + $0.21 dividend or $0.41 profit per share, that's 4.8% in 2 months. As long as there is some assurance that the deal will close, then this 4.8% is a good safe money better then the risk of other investment.
Comment by
4scotia on Apr 09, 2019 11:09pm
NO DIV.AFTER Q1.PAYED OUT JUNE 17.IF THE DEAL IS DONE.glta.
Comment by
constructionsite on Apr 09, 2019 11:47pm
No, KWH is already trading ex-div. If you buy today, you don't get the .21 dividend, which will be paid out the sooner of June 17th or 5 days after the closing of the deal, iirc. However, buying today at 8.60 meanis you would get the .20 spread on the buyout purchase price, which was reflected in my previous post's calculations.