$GBOX long-term holder here. Can someone explain to me, like I'm 5 years old, what exactly this spin-off special dividend is and how it'll affect SP on record date (yes, I've read all the press releases). I've never been involved in a spin-off special dividend. I've been in stocks with "normal" dividends, where SP has a corresponding drop relative to the dividend. Is this what will happen here on Aug 16? This might be a dumb question, but is the SP gonna drop .35 to account for the spin-off? I hope I'm being clear.
5
1
4
4 Likes