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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH) -- Ignore unavailable to you. Want to Upgrade?


To: tom jones who wrote (77)5/29/1998 3:29:00 PM
From: RLM  Respond to of 2153
 
No this isn't the reason. Whoever held the stock on May 27th is the holder of record, due to the fact that it takes 3 days to record the transaction, so buying the stock today does no good, you don't get the dividend. This may be people selling because they have locked the dividend in already.