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Old 10-24-07, 05:27 AM
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Airelon Airelon is offline
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With most dividends, you get the dividend per share. So if you owned 20 shares?

20 * Dividend Amount = what's due you.

However, remember with dividends there is a "Be in by ___" date. This is called the Ex-dividend date. This means that you must be in by that date, to have the right to a dividend.

The $3.25 is almost double what Frontline usually pays, and the ex-dividend date was 10-10-2007. So this dividend has come and gone (It's being paid out of the company today, which will probably show up to shareholders accounts in the next week or so). But they regularly pay around / approximately $1.50 every quarter, per share; which is higher than most of the industry by quite a bit.

So if you bought 20 shares? Then the next time the payment date rolls around, you'd be paid (by way of an example), 20 * $1.50 = $30.00 for owning your Frontline shares. The quarter after that, another $30.00 - and so on - according to whatever Frontline sets the dividend at on declaration day. I forget whether or not Frontline has a DRIP program (Dividend Reinvestment Plan) or not; I'll have to look that one up.

Here's a good article on Dividends from Wikipedia. Has a lot of good information regarding the dates, and what they mean.
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