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PDL intends to use a sizable portion of the net offering proceeds from the
securitization transaction to pay a special cash dividend to stockholders. The total amount of the special dividend, together with the record and payment dates, will be decided by the Company's Board of Directors at its upcoming meeting on November 11, 2009 and will be announced the following day. The amount of the special dividend on a per share basis will be announced on the record date. PDL expects to pay the special dividend in 2009. Sentiment : Buy Rating :
 (No ratings) |
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Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
|---|---|---|---|---|---|
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Big dividend coming this year
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oliver_sudd... | Not rated | 28-Oct-09 08:02 am | ||
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This is going to be great!
What a nice holiday ...
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riteto | Rate it | 28-Oct-09 04:41 pm | ||
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Really, really great!!!
I'm going to slip int...
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riteteo | (1 Rating) | 28-Oct-09 05:21 pm | ||
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If this is great news, why is the share price down...
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trigger46 | Rate it | 3-Nov-09 11:43 am | ||
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Nothing in this market makes sence anymore. W...
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makesnodiff | Rate it | 3-Nov-09 05:06 pm | ||
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Is there any speculation as to what this...
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spartacus18...
Online Now
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Rate it | 3-Nov-09 07:23 pm | ||
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I think it will be around $2.50/sha...
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rubymi2003 | Rate it | 4-Nov-09 12:13 am | ||
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I was thinking maybe $2 dividend.
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oliver_sudd... | Rate it | 7-Nov-09 09:32 am | ||
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it spun off its pipeline, which trades u...
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wobatus | Rate it | 6-Nov-09 04:04 pm | ||
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$2.50 would mean the entire $300MM. I'm not sure ...
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spartacus18...
Online Now
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Rate it | 4-Nov-09 07:47 am | ||
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The winner will be the one who sells first, a...
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trigger46 | (1 Rating) | 4-Nov-09 12:06 pm |
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