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LPMA ex-dividend on 10/12 (6%, special)

Lipman Electronic Engineering Ltd., an Israeli provider of electronic payment systems, will pay a dividend of $1.50 on October 23 to holders as of Thursday, October 12. This was part of the merger agreement with VeriFone. Dividend payment will be subject to a withholding tax, under Israeli law, of 15.73% for individual shareholders (or companies not resident in Israel). Tax withheld is FTC qualified.

LPMA quote

7 Responses to “LPMA ex-dividend on 10/12 (6%, special)”

  1. Jim Says:

    Love this site. Saves time and work. Not sure I am navigating site completely would you advise. When is site updated? (Nov - Dec) I did my first dividend capture…fairly successful. Should have sold on the ex-div day, but had purchased at lower price. Is this the general case? Thanks!jff

  2. Sam Says:

    I often sell on exdiv or the day before. Play the cool down as well.

  3. Jim Says:

    Can you sell the day before the “EX”?? I have found the day after leaves me short if I don”t have the Long to start with…maybe…I”ll learn?? Would apppreciate any help or ideas. What do you mean by the “cool down?” Thanks! jfredfin

  4. Sam Says:

    You can. You won’t get the dividend of course.

  5. Jim Says:

    Sam, you mentioned seling b/4 the EX measning long? Can you sell on EX b/4 the equity goes down to reflect the “D” or do you have to go options route. Sorry, this isn’t a comment to the above. Jfredfin

  6. Sam Says:

    Doesn’t matter long versus call, or if it is on exdiv date or the day before, The idea is to profit on the run up leading to exdiv.

  7. Jim Says:

    THANKS! I HAVE ALOT TO LEARN, BUT I’LL GIVE IT THE OLD COLLEGE TRY. JFREDFIN

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