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I am referring to this announcement by vmware recently. How do I calculate the per share dividend fixed with this announcement? http://ir.vmware.com/overview/press-releases/press-release-details/2018/VMware-Announces-One-Time-Special-Dividend-to-Stockholders/default.aspx
It works out to ~ $27 per share at today's float size (406M). Your payout will be = no. Of vmw stock held on the record date( please google that term if you don't understand it) * per share dividend ( see above). What counts as 'held stock'? vested RSUs, espp stock, and any stock bought on the open market. Unvested stock does not count. Also, as with any dividend payout, expect the stock to fall $27 the day after the record date ( again please google this if you want to know why)
The dividend is 27$ per share??
So how does this work ? Can someone more adept at this matter share their opinion ? Ive been with the company for 3.5 years now. Is the dividend paid to shares that have not been exercised only ? Or do they, in a sense, retroactively apply to what I sold last year ? Greedy I know, but this is blind WTH am I here for ;)
Dividends go to shareholders on the specific payout date. If you sold or have unexercised options you get nothing. Is you have unsold and vested rsu’s, espp stocks, or just open market purchased stocks, you will get a cash dividend into you account. Just be careful with it, you will owe tax on it.
What about unvested RSUs?
Do we know what is the record date for this dividend payout?
One day before you get your ESPP hah!
Are we still getting
It’s a way to legally give VMware’s cash to Dell
Yes but even you get dividends if you have VMware stock
Sure, but somehow I don’t think they are doing it for me :)