Tourmaline Oil Corp (Alberta) T.TOU

Special dividend $2.00 for shareholders of record TuesJan 24

[Central1951]

So would that make the ex dividend date Fri Jan 20th

[GunnerG]

Ex dividend date is Jan 23, 2023 Click Here

[Central1951]

Correct me if I'm wrong but isn't Jan 23 too late.  I thought to be on the safe side that it should be at least a day before the ex dividend date and that would be Fri Jan 20th depending on how slow your broker is.

[Evenkeel123]

This post has been removed in accordance with Community Policy

[geric]

If the record date is Jan 24 then ex-div date is Jan 23.  You are correct with Jan 20 as it is the last business day to trade before ex-div.  I think it's pretty standard now for 2 trading days before record date.

[YupnDump]

look for $2-3  drop on share price on x-div day

[EdPaquette]

Hello my new friends. I just bought this stock for the first time today because of the special dividend announcement.   I see an overall dividend of 13 or 14% and that's what I like.   I probably would've bought in sooner if the specials were combined with regular dividends, but stock screens never show specials.

[JohnSP]

Ed, good move. RBC Investment Note Jan 13: Outperform | Price Target CAD 89.00, Sentiment (from TOU's update): Neutral My key takeaways: 1) We expect the stock to be weak initially on the news as estimates are revised downward, but we would view any material weakness as a buying opportunity with the long-term outlook largely unchanged." (Unchanged is good). 2) "Our outlook

[YupnDump]

l'll be a buyer at $62 on x-divy day

[Cobalt]

Sorry man the bottom is in  "World’s coldest air in 2023 was just recorded, and it's on the move to Canada"