SOUTHERN REGIONAL BANKS Message Board

STOCKTALK

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.

Non-Tech : SOUTHERN REGIONAL BANKS

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Martin Wormser who wrote (74)	11/1/1998 11:46:00 AM
From: lazarre	of 77

Martin, I am just as surprised as you are re: stock dividend. I am calling IR on Monday for confirmation. As a matter of fact I took a position on Wed., because of the earnings report and to capture---what I thought was then--- the modest ( vis a vis other small to large regionals ) cash dividend that I thought the Yahoo profile indicated( incidentally, I've been playing certain banks shortly before ex. d. dates.--I've noticed most have a bit of a runup during that window of time ). When I did more reading re: company news, I freaked. I learn that the ex. d. already happened. Huh. I ask the Yahoo board what gives and that is when I learned that the 11/10/98 date is for a 10% cash dividend. If so, incredible but not unheard of. A few years ago I bought BKCT, a small CT. bank, and I wake up one dayto find that my position increased by 5% because of a cash dividend that was, as I recall, unannounced. BTW, I began a new thread today that casts a wider net for these opportunities. Hope you contribute when you ID them. Subject 23503 Laz

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next