Share dividend?
$VirnetX Holding (VHC.US)$ How is the cash dividend given? Will it bump the share price by 1USD or offer an additional fraction of a share amounting to 1USD per share held?
Also can anyone here please help explain how this will affect price after 18th April?
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BobbyC1221 : According to the filing, it’s a cash dividend. $1 per share. Paid on 4/17.
SwingingRingo : It will be placed in your cash balance of your account. For example you have 1,000 shares you will get $1,000 added to your cash balance. It does not change the stock price.
yrax0845 SwingingRingo : So you think think the stockprice will not be affected when the payment comes?