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Bullboard - Stock Discussion Forum Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic... see more

TSX:TOU - Post Discussion

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Post by CHECKMATE77 on May 06, 2022 9:52am

Xdiv

I cannot find the Xdiv date for the may 19 special.
usually their is an announcement the dividend will be paid to those shareholders of  "date"
Comment by Dogsbreakfast4U on May 06, 2022 9:55am
12 May.
Comment by idleweiss on May 06, 2022 10:52am
we have had this discussion before. The record date is May 12. The ex dividend date is two days before that. I think you have to buy the stock by Monday to get the divvy
Comment by CHECKMATE77 on May 06, 2022 11:07am
Thanks 
Comment by GunnerG on May 06, 2022 10:45pm
EX DIVIDEND DATE IS MAY 11............NOT MAY 12. We did have this conversation the last special dividend and you were wrong then, just as you are today. Ex divi is ONE day before the record date. The exchanges went to one day from two days in 2017. I found the Morningstar website that provides all the dates even if the company does not provide them. Click Here for Tou Dividend Dates
Comment by idleweiss on May 07, 2022 7:45am
I didn't say the x dividend date was may 12. Two days, one day - only an anal like you would spend your time trolling the web sites to find this. How long did it take you? I couldn't care less. I'm not trying to time the buying for the dividend.
Comment by GunnerG on May 07, 2022 11:56am
Idelwiss, I gave the correct ex date and pointed out your error, for the second time in three months.  You are an arrogant slow learner.   May not be important to you but very important to someone wanting to sell and get their divy. Took 15 seconds to find the website and how the ex-dividend date is calculated is investing 101.
Comment by idleweiss on May 07, 2022 1:21pm
If you read my post you will know that I said buy on Monday if you want the divvy. So, someone wanting to sell and get the divvy could do that on Monday. I didn't mislead anyone. If you are so smart why didn't you say something when the earnings came out. If you recall we were looking for answers. Unlike you I am never embarrassed to say that I don't know.
Comment by singsingasong on May 07, 2022 1:34pm
Idleweiss you are an idiot. Use the information that Gunnar is giving you to take the lipstick off this pig. The day befor the xdiv date short this stock - say 10000 shares. The stock will drop by at least $1.50 on the X-divvy date. You have made $15,000. Cover at the end of the day. I have made a very good living doing this. Watch out for the following. Some investors who are not interested ...more  
Comment by idleweiss on May 07, 2022 2:03pm
I may be an idiot but I am too scared to short this stock. Wouldn't it be easier to short one of the tech stocks?
Comment by CHECKMATE77 on May 07, 2022 4:28pm
Great theory, sometimes the stock falls on Xdiv day and sometimes it goes up. you are just taking a gamble selling short the day before , you could just as easily get crushed
Comment by singsingasong on May 08, 2022 9:30am
Why would (should) the stock go up on xdiv day? The company took about $500 million from cash and paid it out. The market cap should go down. If the market cap is 23.95 billion now and the stock price is $72.07 then the market cap should drop to 23.45 billion. That will give a stock price of approx $70 something. Now buyers could come in to capitalize on the prize and drive it up again but it very ...more  
Comment by CHECKMATE77 on May 08, 2022 6:51pm
No such thing as easy money none, none , none 
Comment by GunnerG on May 07, 2022 3:39pm
"The record date is May 12. The ex dividend date is two days before that. I think you have to buy the stock by Monday to get the divvy" Your comment above is WRONG, you can't admit it.  Your last sentence says it all when you start with "I think", shows you don't know what you are talking about. Yes, you may be an idiot.  Stop misleading people, it ...more  
Comment by idleweiss on May 07, 2022 5:55pm
I didn't say my comment was right. I was off by a day but you are anal. Come on - admit it. If you admit that you are anal I'll admit I was off by a day.
Comment by BuccaneersInd on May 07, 2022 9:13pm
This post has been removed in accordance with Community Policy
Comment by idleweiss on May 07, 2022 11:56pm
So jung kommen wir nicht mehr zusammen
Comment by BuccaneersInd on May 08, 2022 3:35am
This post has been removed in accordance with Community Policy
Comment by idleweiss on May 08, 2022 3:28pm
hey Bucco - just kidding with you man. Being "anal" like Gunnar. On a more serious note - Did anyone download the spreadsheet for TOU? And if so what equity valuation are you getting at, say, $4.00 gas. We can compare our numbers if you like.
Comment by BuccaneersInd on May 08, 2022 6:17pm
This post has been removed in accordance with Community Policy
Comment by GunnerG on Nov 04, 2022 9:45am
The same couple of "investors" keep getting the ex date wrong.  Use the link below to get the proper information.  
Comment by GunnerG on Nov 04, 2022 10:03am
The same couple of "investors" keep getting the ex date wrong.  Use the link below to get the proper information. Ex is Nov 8 for the latest special divy.  It also has the ex for the upcoming regular divy.
Comment by Dogsbreakfast4U on May 06, 2022 12:32pm
TD says the ex div date is 11 May and record date is 12 May. This is the info I'm relying on. An example from Investopedia of how this works. Record Date vs. Ex-Dividend Date Example  Here's how the record date and ex-dividend date would work in the overall dividend payout process.    Declaration Date  ...more  
Comment by CHECKMATE77 on May 06, 2022 1:50pm
Correct any  purchases on may 11 onward do not get divi 
Comment by fishcarrier on May 06, 2022 2:46pm
Totally agree. X divident date means that's the first day the stock trades without you getting the dividend. I find that the easiest way to remember. So that's the day you can sell your stock and still get the dividend. 
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