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re: Weekly Stock Market Plays/Thoughts - March/April
Posted on 4/21/17 at 10:41 am to Turftoe
Posted on 4/21/17 at 10:41 am to Turftoe
STV just released a filing for a $1.50 dividend per share. Released to stockholders as of May 31st.
Which is a ways away but... It's currently trading at $1.65 per share. Seems like a safe one?
I'm doing more research.
Pls post the penny stock plays egg![](https://images.tigerdroppings.com/Images/Icons/Iconbow.gif)
Which is a ways away but... It's currently trading at $1.65 per share. Seems like a safe one?
I'm doing more research.
Pls post the penny stock plays egg
![](https://images.tigerdroppings.com/Images/Icons/Iconbow.gif)
Posted on 4/21/17 at 10:47 am to rocket31
quote:Damn son. Come back when you find out more!
STV just released a filing for a $1.50 dividend per share. Released to stockholders as of May 31st.
Which is a ways away but... It's currently trading at $1.65 per share.
Posted on 4/21/17 at 10:57 am to rocket31
quote:well, NNSR is pretty much exploding since i posted it on here at .0085 an hr ago
Pls post the penny stock plays egg
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
eta: not sure how it sets up going forward, though
This post was edited on 4/21/17 at 11:12 am
Posted on 4/22/17 at 9:20 am to rocket31
quote:
STV just released a filing for a $1.50 dividend per share. Released to stockholders as of May 31st.
Anymore on this? It's pretty cheap for now.
Posted on 4/23/17 at 3:31 pm to rocket31
quote:
STV just released a filing for a $1.50 dividend per share.
quote:
China Digital declared a special cash dividend of $1.50 per ordinary share. Each of the company's ADS represents one ordinary share. Shareholders of record as of the close of business on May 31 will be eligible to receive the dividend. The company will announce the payment date as soon as the completion of currency conversion. The aggregate amount of cash dividends to be paid is approximately $90.4M based on the number of outstanding shares as of December 31, 2016. The payment of the special cash dividend is expected to reduce both the company's market capitalization and shareholder's equity. These will significantly increase the risk of rendering it ineligible for being listing on the NYSE.
What's the rationale here?
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