[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Another stupid question?



PureBytes Links

Trading Reference Links

Bush, Dean wrote:
> 
> I'd like to make sure I understand the following correctly; it was taken
> from REUTERS:
>   Unisys (UIS) sets quarterly dividend
>                                    Quarterly
>                          Latest              Prior
> Amount                $0.937              $.0937
> Pay                     Jan 15
> Record                  Dec 26
> 
> Okay, I interpreted this to mean that a quarterly dividend of 93.7 cents
> per share owned will be paid out on January 15, 1998 to each common
> stock-shareholder who is on the books as of December 26.  So, if I own
> 2,000 shares, this simply means that I can expect to receive a dividend of
> $1,874 on January 15?
>   Did I interpret this correctly or not?
> I know this is a simple and really stupid question, but I just want to make
> absolutely sure.
> Thanks for your patience and help!
> Dean
> Dean Bush
> 7433 Beach Drive
> Panama City Beach, FL 32408
> Phone:  (850) 230-DEAN

Dean
You are in error... the quarterly dividend as you describe it is 9.37
cents per share not 93 cents which would be written as .937.
I hope this clarifies the issue for you.
Martin