Viewing a single comment thread. View all comments

technoexplorer t1_ja7fadv wrote

Yes, company sold an entire division in order to retarget. Was it for economic reasons? Who knows really. Anyways, stock price jumps 5% and out comes a huge dividend of 40%. In December, too, iirc. Fortunately, no negative tax implications for me beyond the normal. Stock price drops of course afterwards and then I have to rebalance the risk in my portfolio.

3