$VirnetX Holding (VHC.US)$ was anyone aware that the share p...
$VirnetX Holding (VHC.US)$ was anyone aware that the share price would be dropping by a dollar after the dividend was paid?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moomoo Lily : Hi, @moomoo Buddy Please assist. Thanks!
Drosen21 : typical for stock to adjust price at the rate of special dividend…hoping it will rebound a bit today…maybe near that dollar mark by lunch?
Drosen21 : Dividend hasn’t posted to my account. Look under Funds Details tab…corporate actions. Hope it posts to my account soon.
CatCallingYourPuts OP : I looked back a little bit on the history of their dividend payments to see how the price reacted and it seems similar, followed by a bounce back up to the original price that week. It even had a decent gain over the following month(s)…… but I did find one anomaly. (I will include a screenshot of what I’m referencing) With only this dividend, the EX-date and pay date are reversed. I’m continuing some research on the reason why this is as I know I have seen this before with other investments, but I can’t for the life of me remember why.
Drosen21 : holding in 3 different brokerages and none of them has posted the dividend yet….not sure whats up.
BobbyC1221 CatCallingYourPuts OP : It’s because of the 25% rule
BobbyC1221 Drosen21 : I got mine on RH. That’s about it.
Moomoo Buddy : Thank you for reaching out and we apologies for any inconvenience it may have caused. We want to check more details for this trading related issue, please contact our live chat agents through the app via Me > Customer Service, we will follow up your issues. If you prefer talking to someone, please call us at +61 1300 066 668, Service Time:24 hours (Trading Day); 09:30 - 21:30 AEST (Holidays or Weekend), Thank you and have a good day!
kdean2742 : stocks usually drop by same amount of special dividends when Div reach certain amounts
kdean2742 : this is not specific to VHC security
View more comments...