Q: Leon's pays a regular dividend of $0.16/share/quarter and has also announced a special dividend of $1.25, both effective Sept 08/21 (DOR).
All else being equal, my understanding is that on the ex-div date the share price should drop $0.16 due to the regular dividend. Is the same true for the special dividend....in other words should we expect the share price to drop $1.25 as well?
Thanks...Steve
All else being equal, my understanding is that on the ex-div date the share price should drop $0.16 due to the regular dividend. Is the same true for the special dividend....in other words should we expect the share price to drop $1.25 as well?
Thanks...Steve