SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lucent Technologies (LU)
LU 2.605+1.0%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Caroline who wrote (3144)7/21/1998 12:55:00 AM
From: David C. Burns  Read Replies (1) of 21876
 
I believe you will find that it is the word "dividend" that is operative -- 100% stock dividend, one dividend share for each share held. I hold a company that does a 10% stock dividend every two years and assumed they used the term to avoid awkward ratios like 11 for 10. Don't know why they didn't call it either a 100% dividend or 2-for-1 split -- maybe there is some accounting implication of split vs. dividend
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News