Silicon Investor (SI) -- The First Internet Community

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.

Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?

To: pham who wrote (7622)	8/21/1998 1:02:00 PM
From: Kory	Read Replies (3) \| Respond to of 14266

The three for two stock split means that your will end up with three shares for every two you had before. They do this by issuing 50% more shares as a dividend. For example, if you owned 1000 shares prior, you will get 500 new shares (50% more), and then own 1500 share in total. Dividends, regardless of whether they are cash dividends or stock dividends, have a "date of record" and a "date of payment". The date of payment is usually several days after the date of record because it takes some time to actually process who should get dividends, cut checks/issue shares, etc. Therefore, the date of record is the date that you must own the shares to be entitled to any dividend. Once a stock has crossed a dividend "date of record", it is said to be "ex-dividend" because you are not longer entitled to that dividend since you bought it after the "date of record". Obviously THQ has moved back the "date of record" since the share price has not decreased by about 33% to reflect the new shares issued. Does anyone know if the date of record is now Monday?? Kory