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All three companies recently started a dividend program. For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
Thus the key date for a stock purchase is the ex-dividend date: a purchase on that date (or after) will be ex (outside, without right to) the dividend. If, for whatever reason, a share transfer prior to the ex-dividend date is not recorded on the register in time, the seller is obligated to repay the dividend to the buyer when he receives it.
Packaging Corp (PKG) plans to raise its quarterly cash dividend by 25% to $1.25 per share.
However, dividends or distributions of more than 25% are subject to 'special' rules for ex-dividend dates. The major difference here is that for these larger distributions or dividends, the ex-dividend date is set as the day after payment (with the day of payment being the "payment date"). [4] For these larger 'special dividends', the ex ...
In-dividend date – the last day, which is one trading day before the ex-dividend date, where shares are said to be cum dividend ('with [including] dividend'). That is, existing shareholders and anyone who buys the shares on this day will receive the dividend, and any shareholders who have sold the shares lose their right to the dividend.
Salesforce's 11.5% jump, good for jsut over a $19 per share increase in the stock price, added roughly 110 points to the price-weighted Dow's 340 point gain on Thursday.
The company was founded in 1959 by the consolidation of three companies and was eventually acquired by Tenneco in 1965. [4] In November 1995, the company's name was changed to Tenneco Packaging Inc.; in 1999, a new entity re-established the name Packaging Corporation of America