Subscribe to this topicForums > JT Investment Certificates > Topic: JTIC monthly divd. for march 08
| Mar 1st 2008, 15:49 BillyBob Koolhoven |
JTIC monthly divd. for march 08 | |
| so it the divd not posted yet or is somthing else going on with it??? | ||
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| Mar 1st 2008, 16:35 Maisha Slade |
Re: JTIC monthly divd. for march 08 | |
| no idea. I've been wonderring about that all day. | ||
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| Mar 3rd 2008, 14:28 Sean4you Shepherd |
Re: JTIC monthly divd. for march 08 | |
| Could someone check this ? I have add up the weekly profits from 28/1 until now. And its 895 854 L . But the dividents payed are 1 800 000 L. |
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| Mar 6th 2008, 11:31 Maisha Slade |
Re: JTIC monthly divd. for march 08 | |
| well yea but it's because we have a set amount of .06 dividends. the majority of shares are owned by arbitrage. only about 9.24 mil shares are owned by other people. 10 mil shares would be a 600k dividend. arb never sold the other shares created, but in order to obtain a .06 dividend it has to pay out 1.8 mil | ||
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| Mar 6th 2008, 13:22 Sean4you Shepherd |
Re: JTIC monthly divd. for march 08
Edited by author Mar 6th 2008, 15:40 |
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| If the divident is bigger then the profit, where does the money come from ? | ||
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| Mar 8th 2008, 10:13 Maisha Slade |
Re: JTIC monthly divd. for march 08 | |
| I thought that's what I just explained. the dividend isn't bigger than the profit. most of the shares are still owned by Arbitrage because they were never issued, so the dividend is about 600k. the rest is just to make sure it's a .06 dividend because there's technically more shares than that. I'm not going to bother explaining it all over again. it's not a very hard concept. just look at the shareholders list. | ||
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