posted
Most stocks you have to own it 3 days before the Dividend date, and with Monday being a holiday, you would have to own it on Friday... but an EX date hasn't been announced that I know of...
-------------------- All you need in this life is Ignorance and confidence; then success is sure. Mark Twain
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12/22/2005 3:11:00 PMComcast Corp. said Thursday that it will launch a family-programming package with an average of 35-40 channels beginning in early 2006.
The MSO said its new tier will include 16 family-friendly networks (listed below); local and national broadcast channels, including affiliates of ABC, NBC, CBS, UPN, The WB Television Network, Fox and PBS; religious broadcast fare, Hispanic programming, including Univision and Telemundo; and public-access programming.
Comcast added that along with the 20-25 channels subscribers currently receive on the basic tier, its family tier will include Disney Channel, Toon Disney, PBS Kids Sprout, Discovery Kids, Science Channel, Nickelodeon/Nick Too, Nickelodeon GAS (Games and Sports), Trinity Broadcasting Network, Home & Garden Television, Food Network, DIY, CNN Headline News, The Weather Channel, National Geographic Channel, C-SPAN and C-SPAN 2.
Subscribers who select the family tier will pay an average of $31.20 per month, based on the cost of Comcast's basic tier (national average price of $12, but locally regulated), the 16 family-tier channels for $14.95 and a digital-cable set-top box with a national average price of $4.25 (also regulated).
“Offering a family tier to our customers is one more step in Comcast's efforts to provide a broad array of family-friendly programming," chief operating officer Steve Burke said in a prepared statement. "The family tier will include some of our most popular children's, Hispanic and religious programming, as well as broadcast networks and local access channels.
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon.
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posted
you would think people would be buying now if they wanted the divi because this is a great price so i have a feeling tomorrow is gonna be another slow day since they arent buying now
posted
The Family Package Cable IS Good News for TFN I have been talking to one of my friends from college who works for Comcast, and one of the things that they have had trouble with regarding the FCC is the content. For example, you want TMC for the Movies on Demand etc... but dont want the kids watching the softcore Porn on Demand. Digital Cable is now making it easy to block all shows with certain ratings. On the flip side, it has been MUCH harder to sell specialty channels, i.e., Goal TV for European Soccer fans, because you already pay out the ass for Digital Cable, and get a boatload of channels, but the majority of it is Crap you dont want. BUT, with the new Family Packages that Cable companies will be offering, along with the recent legislation by the FCC mandating that subscribers have options when choosing channels, it will be MUCH easier to make a package for say, ummmmmm the Effervescent 19-26 Male Market that brings Oh so much revenue, with Extra Channels like G4TV with Video Games, Maxim's planned channel, and more risque stuff i.e, booze and broads, and ESPECIALLY the Uberviolence related with no-holds-barred Mixed Martial Arts, Boxing etc.... Imagine if you sign up for a hypothetical Bachelor package on Comcast Digital. You get the digital music, on demand, etc..., all the basic channels, sports channels, TFN, G4TV, Maxim, etc.... along with any premium deluxes like HBO and Showtime. TFN isnt going to make its bones from people signing up to buy it, it is going to make its $$$$$$$$$$$$$$$$$$$ from cashing in on the advertisers that want to hit the MOST CRITICAL advertising audience: 18-26 Males. I.E, Beer, Sex, Condoms, Video Games, Gambling, Poker, Girls Gone Wild, and the other products that are risque, IN ADDITION to all the HUGE sponsorships that want to hit that audience directly, but CANNOT afford the bad publicity with advertising on a controversial Channel like TFN. But with a Family package, and assurance that TFN is pretty much gonna be on exclusively male target audiences, big guys like Best Buy, Circuit City, Walmart, Gilette, J&J, and all the other companies that cannot afford controversey in advertising can have a field day, but will have to pay top $$$ to have access to that crucial market. If you dont believe it, turn on Spike TV. The ads there cost the most outside prime time, and theres a reason for it: they arent afraid of controversy. Remember when that bullsht was the Nashville Network??????????????? TFN is going to be Huge. Enjoy the Ride, and reap the rewards. Sure, I couldve done great flipping this week selling at .0016, buying at .0012, selling at .0014, and buying again at .0011, but I wouldve risked having access to the Dividend, as well as the explosive gains that FCDH will have. Too risky for me, and there are gonna be lots of MOMO traders kicking themselves next week when they dont have shares, or a dividend, because its the longs who hold the majority still. The company is goign to be buying back, and I will not be selling ANY of my 10 Million for under .0025, and then only about 10% to cover initial investments.
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-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon.
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quote:Originally posted by DENSKIJR: He rasica I just purchased today I still get my divy right as long as you purchase before the extended date right or did I miss something.
I think since these are restricted shares, the real unknown is when one can sell and still retain the dividends. I have read posts myself that shows ex-dates for selling is after the record date. I think you're all set to go Dennis.
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon.
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quote:Originally posted by aceyducey: what does the FORM 4 mean for this tomorrow, is this good news?
Form 4 Definition
A document required by the SEC and the appropriate stock exchange to announce changes in the holdings of directors, officers, and shareholders owning 10% or more of the company's outstanding stock.
Lets you know Sandy is on the ball!!
GLTA!!!
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon.
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posted
Below is an explanation of the dividends and how they work. The record date for FCDH's divy is 29 Dec 05. You must buy this stock no later than tomorrow. A word to the wise. I myself would not sell any of the FCDH stock until I see the SNVY divy in my brokerage account. I found out the hard way one time about this. Even though I followed what I thought was the rules.
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Declaration, Ex-dividend And Record Date Defined By Investopedia Staff, (Investopedia.com) Contact Investopedia November 8, 2002
Have the workings of dividends and dividend distributions mystified you too? Chances are it's not the concept of dividends that confuses you; the ex-dividend date and date of record are the tricky factors. In this article we'll sort through the dividend payment process and explain on what date the buyer of the stock gets to keep the dividend.
Before we explain how it all works, let's go over some of the basics to ensure we have the proper foundation to understand the more complex issues. Some investment terms are thrown around more often than Frisbees on a hot summer day, so it's important that we define exactly what we're talking about.
Different Types of Dividends The decision to distribute a dividend is made by a company's board of directors. There is nothing requiring a company to pay a dividend, even if the company has paid dividends in the past. However, many investors view a steady dividend history as an important indicator of a good investment, so most companies are reluctant to reduce or stop their dividend payments. For more information on buying dividend paying stocks, see the articles How Dividends Work for Investors and The Importance of Dividends
Dividends can be paid in various different forms, but there are two major categories: cash and stock. The most popular are cash dividends. This is money paid to stockholders, normally out of the corporation's current earnings or accumulated profits.
For example, suppose you own 100 shares of Cory's Brewing Company (ticker: CBC). Cory has made record sales this year thanks to an unusually high demand for his unique peach flavored beer. The company therefore decides to share some of this good fortune with the stockholders and declares a dividend of $0.10 per share. This means that you will receive a check from Cory's Brewing Company for $10.00 ($0.10*100). In practice, companies that pay dividends usually do so on a regular basis of four times a year. A one-time dividend such as the one we just described is referred to as an extra dividend.
The stock dividend, the second most common dividend paying method, pays additional shares rather than cash. Suppose that Cory's Brewing Company wishes to issue a dividend but doesn't have the necessary cash available to pay everyone. He does, however, have enough Treasury stock to meet the requirements of the dividend payout. So instead of paying cash, Cory decides to issue a dividend of 0.05 new shares of CBC for every existing one. This means that you will receive five shares of CBC for every 100 shares that you own. If any fractional shares are left over, the dividend is paid as cash (because stocks can't trade fractionally).
Another type of dividend is the property dividend, but it is used rarely. This type of allocation is a physical transfer of a tangible asset from the company to the investors. For instance, if Cory's Brewing Company was still insistent on paying out dividends but didn't have enough Treasury stock or enough money to pay out all investors, the company could look for something physical (property) to distribute. In this case, Cory might decide that his unique peach beer would be the best substitute, so he could distribute a couple of six-packs to all the shareholders.
The Important Dates of a Dividend There are four major dates in the process of a company paying dividends:
Declaration date– This is the date on which the board of directors announces to shareholders and the market as a whole that the company will pay a dividend. Ex-date or Ex-dividend date– On (or after) this date the security trades without its dividend. If you buy a dividend paying stock one day before the ex-dividend you will still get the dividend, but if you buy on the ex-dividend date, you won't get the dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared you need to sell on (or after) the ex-dividend day. The ex-date is the second business day before the date of record. Date of record– This is the date on which the company looks at its records to see who the shareholders of the company are. An investor must be listed as a holder of record to ensure the right of a dividend payout. Date of payment (payable date) – This is the date the company mails out the dividend to the holder of record. This date is generally a week or more after the date of record so that the company has sufficient time to ensure that it accurately pays all those who are entitled. Why All These Dates? Ex-dividend dates are used to make sure dividend checks go to the right people. In today's market, settlement of stocks is a T+3 process, which means that when you buy a stock, it takes three days from the transaction date (T) for the change to be entered into the company's record books.
As mentioned, if you are not in the company's record books on the date of record, you won't receive the dividend payment. To ensure that you are in the record books, you need to buy the stock at least three days before the date of record, which also happens to be the day before the ex-dividend date.
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As you can see by the diagram above, if you buy on the ex-dividend date (Tuesday), which is only two days before the date of record, you will not receive the dividend because your name will not appear in the company's record books until Friday. If you want to buy the stock and receive the dividend, you need to buy it on Monday. (When the stock is trading with the dividend the term cum dividend is used). But, if you want to sell the stock and still receive the dividend, you need to sell on or after Tuesday the 6th.
*Note: Different rules apply if the dividend is 25% or greater of the value of the security. For further details on dividend issues, search the NASD's website.
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A Money Machine? Now that we understand that a dividend can be received by purchasing the stock before the ex-date, can we make more money? Nope, it's not that easy. Remember, everybody knows when the dividend is going to be paid, and the market sees the dividend payout as a time when the company is giving out a part of its profits (reducing its cash). So the price of the stock will drop approximately by the amount of the dividend on the ex-dividend date. The word "approximately" is crucial here. Due to tax considerations and other happenings in the market, the actual drop in price may be slightly different. In any case, the point is that you can't make free profits on the ex-dividend date.
Conclusion The reasons for and effects of all these dates are by no means easy to grasp. It's important to clear up any confusion between ex-dividend and record dates. But always keep in mind that when you're investing in a dividend paying stock, it's more crucial to consider the quality of the company than the date on which you buy in.
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posted
BuyTex: ykes--what's this about tomorrow being the last day to buy for the divvy? Where's that coming from? lol, thought we had this all settled...
Tomorrow is the last day for the divy. Remember the date of record is the 29th. Also Monday is a holiday. So you have Fri, Tue, Wed and Thursday.
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Note this: Date of record– This is the date on which the company looks at its records to see who the shareholders of the company are. An investor must be listed as a holder of record to ensure the right of a dividend payout. Date of payment (payable date) – This is the date the company mails out the dividend to the holder of record. This date is generally a week or more after the date of record so that the company has sufficient time to ensure that it accurately pays all those who are entitled. Why All These Dates? Ex-dividend dates are used to make sure dividend checks go to the right people. In today's market, settlement of stocks is a T+3 process, which means that when you buy a stock, it takes three days from the transaction date (T) for the change to be entered into the company's record books.
quote:Originally posted by DIGDOUGH: Brokers are advising otherwise, by, the 23rd.
quote:Originally posted by BuyTex: Tape, isn't that from some on-line dictionary or sumpin?
As I recall, that explanation also goes on to say sumpin like ex-date precedes record date...yes?
I seriously believe in this case, the record date has become de facto the ex-date. Hence, buyers on the 28th get divvies.
lol, brokers--more than half the time? if you let them tell *you*? they'll tell you wrong, especially if you're dealing with "front-office" hot shots...
I realize this one is screwed up, without a declared ex-date--at least so far--but the rule in such cases is that record date becomes ex-date.
1) doesn't the PR itself say something like "owners of record on the 29th"
2) has anyone verified this with NASD?
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
I think that even if you have a margin account and your buy goes through on the 28th, remember that even though the money is taken out of your account or whatever, and it appears as though you own the stock, it still requires 3 days to settle. No matter what, any stock buy requires that 3 day settlement period... So if you have a margin account and you buy, it won't appear as a final transaction on FCDH's records until a later date, so you would not be able to receive the benefits of the dividend.
-------------------- All you need in this life is Ignorance and confidence; then success is sure. Mark Twain
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posted
no 3-day settlement required--it's tracked via cusip.
This is true: your broker may not realize they have an obligation to get your divvies...but you're owed them nonetheless. Buy before the cutoff, and the shares come with "due bills attached."
True...
put it this way: if you buy tomnorrow, then sell on Wednesday after Christmas? you sold the right to those divvy shares...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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As mentioned, if you are not in the company's record books on the date of record, you won't receive the dividend payment. To ensure that you are in the record books, you need to buy the stock at least three days before the date of record, which also happens to be the day before the ex-dividend date.
-------------------- Organizations are perfectly dezined to get the results that they get.
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posted
I myself would not wait till the 28th. But do as you may. I do not know how it can be any clearer than this.
"As mentioned, if you are not in the company's record books on the date of record, you won't receive the dividend payment. To ensure that you are in the record books, you need to buy the stock at least three days before the date of record, which also happens to be the day before the ex-dividend date."
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