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Microcap & Penny Stocks : Calton, Inc. (CN)
CTON 0.8000.0%Oct 30 4:00 PM EDT
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To: hcm1943 who wrote (61)6/3/2001 10:36:19 PM
From: ValueCat   of 67
 
The distribution is a return of capital, so there is no gain when the dividend is paid. Rather, you reduce your cost basis by the amount of the dividend. You capital gain is recognized when you sell your stock.
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