Comments on: WNI ex-dividend on 8/14 (20%, special) http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/ Covers all big dividend announcements on Wall Street Sat, 11 Feb 2012 00:48:48 +0000 http://wordpress.org/?v=2.0.5 by: Mike http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3465 Thu, 16 Aug 2007 03:20:07 +0000 http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3465 I received my dividend today 8/15 I received my dividend today 8/15

]]> by: Sam http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3462 Wed, 15 Aug 2007 16:30:43 +0000 http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3462 Same here. Same here.

]]> by: Bock http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3460 Wed, 15 Aug 2007 10:34:29 +0000 http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3460 Special dividend received on 8/15. Special dividend received on 8/15.

]]> by: Sam http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3456 Tue, 14 Aug 2007 16:09:00 +0000 http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3456 I haven't. I haven’t.

]]> by: Bock http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3454 Tue, 14 Aug 2007 11:53:46 +0000 http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3454 Has anyone received the special dividend? Has anyone received the special dividend?

]]> by: Hal http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3445 Sat, 11 Aug 2007 13:17:20 +0000 http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3445 I don't feel like such a dummy after reading some of the other comments on this dividend. I went to the Schiff Website and checked the 8-K Exhibit 99.1 and this what they state: SCHIFF NUTRITION INTERNATIONAL, INC. ANNOUNCES FISCAL 2007 FOURTH QUARTER AND YEAR-END RESULTS AND DECLARES SPECIAL CASH DIVIDEND OF $1.50 PER SHARE Salt Lake City, Utah, July 19, 2007: Schiff Nutrition International, Inc., (NYSE: WNI), today announced results for the fiscal 2007 fourth quarter and year ended May 31, 2007. The company also announced plans to return $1.50 per share to shareholders through a special cash dividend payable on August 13, 2007 to shareholders of record at the close of business on July 31, 2007. Schiff Nutrition’s Board of Directors approved a $1.50 per share special cash dividend, payable on August 13, 2007 to shareholders of record at the close of business on July 31, 2007. Schiff’s Class A common stock will begin trading on an ex-dividend basis on August 14, 2007, the day after the payment date, in accordance with NYSE rules. Shareholders who sell their shares on or before the August 13, 2007 payment date will also be selling their right to receive the $1.50 per share cash dividend. Shareholders are advised to contact their financial advisor before selling their shares. It seems that the stock is going x-dividend the day after the payout date so the dividend should be safe for anyone that buys in prior to that date. Very confusing. I don’t feel like such a dummy after reading some of the other comments on this dividend.
I went to the Schiff Website and checked the 8-K Exhibit 99.1 and this what they state:

SCHIFF NUTRITION INTERNATIONAL, INC. ANNOUNCES FISCAL 2007
FOURTH QUARTER AND YEAR-END RESULTS AND DECLARES SPECIAL
CASH DIVIDEND OF $1.50 PER SHARE

Salt Lake City, Utah, July 19, 2007: Schiff Nutrition International, Inc., (NYSE: WNI), today announced results for the fiscal 2007 fourth quarter and year ended May 31, 2007. The company also announced plans to return $1.50 per share to shareholders through a special cash dividend payable on August 13, 2007 to shareholders of record at the close of business on July 31, 2007.

Schiff Nutrition’s Board of Directors approved a $1.50 per share special cash dividend, payable on August 13, 2007 to shareholders of record at the close of business on July 31, 2007. Schiff’s Class A common stock will begin trading on an ex-dividend basis on August 14, 2007, the day after the payment date, in accordance with NYSE rules. Shareholders who sell their shares on or before the August 13, 2007 payment date will also be selling their right to receive the $1.50 per share cash dividend. Shareholders are advised to contact their financial advisor before selling their shares.

It seems that the stock is going x-dividend the day after the payout date so the dividend should be safe for anyone that buys in prior to that date.
Very confusing.

]]> by: john http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3442 Thu, 09 Aug 2007 21:36:38 +0000 http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3442 Aug. 14 is the first day the stock trades X (= without) dividend. That means you can buy it on the 13'th and still get the dividend. You will NOT get the divi from the company, you will get it from whomever sold it. This is pretty standard with special dividends, so I am surprised at some of the comments. Aug. 14 is the first day the stock trades X (= without) dividend. That means you can buy it on the 13′th and still get the dividend.
You will NOT get the divi from the company, you will get it from whomever sold it.
This is pretty standard with special dividends, so I am surprised at some of the comments.

]]> by: Mike http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3435 Mon, 06 Aug 2007 22:07:36 +0000 http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3435 The special dividend has not been placed on the big charts yet. So that tells me that the special dividend has not been payed out yet. It looks like there is still a chance to get back in now to get the special dividend before the 14th of August. The special dividend has not been placed on the big charts yet. So that tells me that the special dividend has not been payed out yet. It looks like there is still a chance to get back in now to get the special dividend before the 14th of August.

]]> by: James http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3427 Sat, 04 Aug 2007 05:37:52 +0000 http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3427 According to this website, if I interpret correctly, 8/14 is the date that one has to hold the stock at least that long in order to qualify for the payment on 8/13, meaning, you can't sell it between July 31st and August 13th. So in effect, the big drop in price on Aug 1st would have nothing to do with the special dividend because anyone who really wanted to receive it would not be able to sell their stock until 8/14 at least; basically no in and out privileges. According to this website, if I interpret correctly, 8/14 is the date that one has to hold the stock at least that long in order to qualify for the payment on 8/13, meaning, you can’t sell it between July 31st and August 13th. So in effect, the big drop in price on Aug 1st would have nothing to do with the special dividend because anyone who really wanted to receive it would not be able to sell their stock until 8/14 at least; basically no in and out privileges.

]]> by: Sam http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3423 Thu, 02 Aug 2007 04:14:04 +0000 http://smartdividend.com/2007/wni-ex-dividend-on-814-20-special/#comment-3423 As Alan said, 7/31 is irrelevant. Today's sell-off has nothing to do with the dividend. As Alan said, 7/31 is irrelevant. Today’s sell-off has nothing to do with the dividend.

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