So tomorrow is the big day thanks again Vteamers for your efforts and allowing Verizon shareholders a amazing dividend of.64 a share payable tomorrow !!!!
Sine Hans has done such a great job the stock price is soaring now isn’t it?
Anyway for those keeping score at home it’s not all bad if you owned Verizon on April 6 you get the dividend. the price was 52.56 a share that day so for every 1000 shares you would make $640.
Now why is that a big thing well since Friday’s 04/29/2022 price went to a amazing amount of $46.30 a share ouch !!
What I would say that if the price stayed the same as 04/06/2022 of $52.56 a person reinvesting dividends would get 12.17 shares for every 1000 shares they owned.
With the price going to $46.30 a share a person would get back 13.82 a share for every thousand shares owned almost over 1.5 shares more per 1000 shares.
Now if a large company purchased 147,000,000 shares let’s say sometime last year that would mean a extra 200.500 shares with the price going down like it did on Friday.
Huh? Weird. Anyway food for thought thanks again Vteamers!!!