TNRG Tianrong Building Materials Message Board

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Microcap & Penny Stocks : TNRG Tianrong Building Materials

TNRG 0.0300

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Jul 17 12:46 PM EST

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To: blake roberts who wrote (7799)	5/18/1999 1:22:00 PM
From: tony p	Read Replies (1) of 9824

Hi Blake, If you sell before the EX DATE(which is unknown at this time) you will NOT rec the TIPS Div. If you sell now and re buy before the EX DATE you Will be entitled to the TIPS dIV.The really confusing part seems to be the Date of Record which is May 20. The record date indicates who will get the div NOT who is ENTITLED to the Div. That is determined by the EX Date. Therefore, it is my understanding that if you buy before ex date you get the TIPS div, if you buy on or after the ex date you DON'T get the div. The EX date is the KEY date. I worked for a major Investment firm for 14 years as the Operations Manager and this is my understanding of how div's are paid. T A P you are getting pd to PR this stk and I think everyone would apprciate a clear explanation if I am wrong on who is and who isn't entitled to the TIPS div. Thanks Tony

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