Dorel Industries Ord Shs Class A T.DII.B

Ex div. date

[lifeisgood1010]

Indeed, the press release is confusing.

On my broker web site, the ex div. date is Feb. 2

[McRambus]

Your broker is correct. Stock will cary the dividend until Feb. 1. If you sell before then you will not get the dividend. 

[nozzpack]

So I can continue to buy and receive the dividend until 2 days before the record date of Feb 1 ?

[McRambus]

Yes.

[nozzpack]

Thank you for that clarification. So, if the share price continues to rise towards fair value, non Canadian holders can wait a while before they sell and perhaps get part of the dividend when to the extent that the share price rises above $30.

[Marky1]

No...you have to own by next Wednesday...

[McRambus]

You are fekking retarded. Just get lost

[Marky1]

Takes one to know one...you, sir are an ignorant fool...

[subliminal23]

It is all in the press release see below:   The Toronto Stock Exchange (“TSX”) has determined to implement its “due bill” trading procedures with respect to Dorel’s special dividend of US $12.00 per share. Due bills are entitlements which attach to listed securities undergoing certain material corporate events, including a cash dividend in an amount equal to or greater than 25% of the

[nozzpack]

It  was a confusing statement, although quite clear right now. Yet, judging by the selling today, there are still some out there who have taken the original and conventional statement of record date literally. Its a could time to buy more tho..