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Technology Stocks : BHH -- the B2B Depository Receipts
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To: Charlie Schultz who wrote (20)5/4/2000 1:59:00 PM
From: Gayle Riggs  Read Replies (1) of 22
 
I was surprised that a dividend of $2.61 per share was paid on BHH in later April, since the underlying companies do not have earnings for the most part. This amounts to a yield of approximately 6.4%, and annualized a yield in excess of 25%. Anyone know the details on this dividend? I have not found anyone that can explain what is going on.
My broker (Waterhouse) can't explain it, the trust agent (Bank of NY) can't explain it.

Thanks in advance.

G Riggs
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