Re: Marcus Corporation MCS Tanked?


Dan wrote:
On 2/28/2006 11:10 AM, Don S wrote:
Dan wrote:

Can anyone tell me why MCS tanked 2/27/06?

TIA,
Dan

They paid a $7 special dividend.

Is it always the case that a special dividend reduces the stuck price by
like amount? Please explain the mechanics.


You have a stock that's $10 a share. They pay you a $1 dividend. Your
stock is now $9 a share, you have $1 in cash.


TIA

.

Relevant Pages

  • Re: Marcus Corporation MCS Tanked?
    ... They paid a $7 special dividend. ... Is it always the case that a special dividend reduces the stuck price by ... automatically reduced the stock price by $7? ...
    (misc.invest.stocks)
  • Re: Marcus Corporation MCS Tanked?
    ... They paid a $7 special dividend. ... Is it always the case that a special dividend reduces the stuck price by like amount? ... Please explain the mechanics. ...
    (misc.invest.stocks)