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RGC ex-dividend on 3/26 (9%, special)

Regal Entertainment will pay a special dividend of $2.00 on April 13 to holders as of Monday, March 26. That’s 9.4% of the share price of $21.190. The dividend will be paid out of the $445 million proceeds received from National CineMedia’s initial public offering completed on February 13. The company also paid a regular quarterly dividend of $0.30 on March 7. With Shrek 3, Harry Potter, and Spiderman 3 coming this summer, the movie theater industry may see a nice short term bump.

RGC quote

4 Responses to “RGC ex-dividend on 3/26 (9%, special)”

  1. HOW? Says:

    How do they consistently payout more than they earn??

  2. nobody Says:

    Ticker symbol: CHRZ

    Computer Horizons Corp. Announces Initial Liquidating Distribution

    March 05, 2007 Computer Horizons Corp. announced that its Board of Directors has declared an initial liquidating distribution of $4.00 per share to its common shareholders. The distribution will be payable March 27, 2007 to shareholders of record as of the close of business on March 16, 2007.

    Current quote; $4.69

  3. nobody Says:

    OK, might want to pass on the above.

  4. AE Says:

    i want to ask a simple question, if anybody have the right and sure answer??

    for how long you need to keep the stock so that you will be able to get the dividend??
    i am just wondering that it can’t be that easy, in order for anybody to buy before april 2, and then sell it on april 4 per-exemple, before the stock drops down in price and make 15$ per share,is that right!!!
    or the point is that you have to own the stock for an X period of time to issue the dividend and by that time , it dropped in price and you gained nothing with that trade??

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