Q: Hi Peter and Ryan,
POE's $0.40 special distribution has left me a little confused as to when we should expect payment. I've included text below from their February 1, 2016 press release:
Key dates are:
-- The record date to determine shareholders entitled to receive the
distribution will be February 10, 2016
-- Due bill trading will commence on February 8, 2016 (two trading days
before the record date, so that trades settling after the record date
have due bills attached)
-- The payment date for the distribution will be February 16, 2016
-- The ex-distribution date will be February 17, 2016 (the trading day
after the payment date, so that trades on and after that date will not
have due bills attached)
-- The due bill redemption date will be February 19, 2016 (the second
trading day after the ex-distribution date, when all trades with due
bills attached have settled)
Thanks
Dave
POE's $0.40 special distribution has left me a little confused as to when we should expect payment. I've included text below from their February 1, 2016 press release:
Key dates are:
-- The record date to determine shareholders entitled to receive the
distribution will be February 10, 2016
-- Due bill trading will commence on February 8, 2016 (two trading days
before the record date, so that trades settling after the record date
have due bills attached)
-- The payment date for the distribution will be February 16, 2016
-- The ex-distribution date will be February 17, 2016 (the trading day
after the payment date, so that trades on and after that date will not
have due bills attached)
-- The due bill redemption date will be February 19, 2016 (the second
trading day after the ex-distribution date, when all trades with due
bills attached have settled)
Thanks
Dave