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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.956+6.7%3:59 PM EST

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To: David Petty who wrote (11621)1/13/1999 9:44:00 PM
From: wl9839  Read Replies (1) of 22640
 
Question regarding dividends-It appears that there has been at least three separate dividend announcements regarding TBR (I assume the reporters have not yet realized it should be TBH) having differing record dates (but no pay dates) and amounts. Merrill Lynch denies responsibility for sorting out whether these are duplicative announcements or whether they are all real. I had thought that BONY might delay payouts to keep a regular schedule as opposed to this ad hoc approach. Does anyone have any better info on the dividend situation?
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