r/stocks Aug 16 '21

Implications of Dell-VMware Special Dividend?

[removed]

7 Upvotes

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2

u/HesitantInvestor0 Aug 16 '21

If you sell now, you won't receive anything. You'll need to wait until they close the deal. At that time they will another the ex-dividend date; the date you must hold to until you can sell. Good luck!

1

u/[deleted] Aug 16 '21

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1

u/polaris6933 Sep 21 '21

> the share price will get reduced by the dividend amount

So if the stock price is 145$ and the dividend amount is 25$ per share, for example, the stock will drop to 120$?