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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Peter V who wrote (4669)11/18/1998 7:51:00 PM
From: chester lee  Read Replies (1) of 18998
 
Peter,

<<At $1.52 indicated dividend, that's a lot of cash.>>

The quarterly rate is $1.52 divided by 4, or 38 cents a share. If you are short come dividend date, your broker will suck funds out of your account to pay the dividends.

chester
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