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Re: Upcoming dividends - cash versus shares      2-Oct-09 05:18 am    
There is a fairly recent gov. change allowing them to dist the div. in 90% shares/10% cash (this is not the same as the req. to dist. 90% of their taxable income). Anyone who leaves it up to the co. will likely receive 100% in shares (as well as those who elect to rec. 100% in shares). Then, for the remaining who elect to receive "100%" in CASH, the cash leftover will be distributed to all of them, on a pro-rated basis. If very few elect/allow to receive 100% in shares, then those wanting cash will still only get about 10% in cash. Actually... here's the story when the special div. was announced: http://finance.yahoo.com/news/BRT-Realty...
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steve_y86

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  Subject Author Rating Time of Post (ET)  
 
How do we request to get our dividends in cash? I under...
queen_anne_... Rate it 17-Sep-09 10:06 am  
 
Quoting from the news story "An information letter...
facethefact... Rate it 17-Sep-09 07:28 pm  
 
Why only 10%?
judydaisyus Rate it 17-Sep-09 09:26 pm  
 
I think the maximum cash portion of the ...
facethefact... Rate it 18-Sep-09 11:04 pm  
 
Thanks for the info, facethefact. I...
queen_anne_... Rate it 20-Sep-09 02:40 pm  
 
Re: Upcoming dividends - cash versus shares
steve_y86 Not rated 2-Oct-09 05:18 am  
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BRT Realty Trust (BRT)

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