ENGH

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Hello,

Is it more advantageous to buy the ENGH share before the final date to receive the special dividend or after?

Thank you.

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Asked on January 13, 2021 12:05 pm
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Private answer

Hey there. In reality, there is little difference, or at least there shouldn't be.

When the ex-dividend date of a stock comes, the stock typically drops by the dividend being paid. So, at open tomorrow it's very likely Enghouse trades $1.50 cheaper and continues to trade at that range for a bit.

So, buy today and receive the $1.50 dividend per share in a month (mid February payout date) or buy when the stock goes ex-dividend and save $1.50~ per share, but don't receive the dividend payment in February.

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Posted by Dan Kent
Answered on January 13, 2021 12:13 pm