Thread: How much do you think TLAB is going to drop after ex-div?

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  1. #1

    Default How much do you think TLAB is going to drop after ex-div?

    $1 special dividend is coming very soon.

    Here is the data I gathered from http://www.nasdaq.com/symbol/tlab/dividend-history
    Amount Ex-Dividend Date Record Date Pay Date Declare Date Qualified? [?] Type
    $1.00 12/24/2012 12/14/2012 12/21/2012 11/29/2012 Yes Special


    Can anyone tell me why ex-dividend date is after pay date? it is really confusing me
  2. #2

    Default

    12/12 was the one which is wrong. http://www.nasdaq.com/article/tella....-2012-cm200881
    It was a mistake nasdaq made and caused the market dropped. The news on 12/12 ex-div on nasdaq is long gone

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  3. #3

    Default

    Nasdaq Rule 11140(b)(2) ex-dividend date shall be the first business day following the payable date. if dividend is more than 25% of the share price.
    12/12 one was a mistake on nasdaq news which makes people sell off, but giving the fact that they realize the error, soon the stock get back to right price.

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