× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
c
6
r
4
c
3
m
3
h
3
1
3
n
3
s
3
d
3
c
3
r
3
e
3
Home Q & A Board Other Fields Homework Help Business
New Topic  
lenny63 lenny63
wrote...
Valued Member
Posts: 34
Rep: 9 0
11 years ago
I recently bought the stock VYEY,and a day after purchasing the company said they would be giving out a dividend on July 1.I've never had a dividend,and don't know how to profit from it.VYEY says that they will give one share for every four I own.Also the dividend falls under Rule 144?Please explain if you can help.
Read 234 times
2 Replies

Related Topics

Replies
wrote...
#1
11 years ago
Dividends are normally cash, unless you're in a dividend reinvestment plan.
wrote...
#2
11 years ago
You're receiving a stock dividend, not cash

But since this is being covered by Rule 144 it appears you may be an owner of at least 5% of the company, or you''re considered an insider.

It also appears your stock that you hold now has a restriction on it and you're prohibited to sell it for a period of time.
If you do currently own restricted stock, check with the company as to when your restriction will be lifted.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1176 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 319
  
 699
  
 452
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 365
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?