DSS, Inc. Announces Record And Distribution Date For Impact Biomedical Spin-Off Special Dividend; DSS Shareholders Of Record As Of 4:00 p.m. ET On June 30, 2023 Will Receive Four 4 Shares Of Impact Biomedical, Inc. For Every One 1 Share Of DSS
Portfolio Pulse from Happy Mohamed
DSS, Inc. has filed for a special stock dividend distribution to its shareholders, with a record date of June 30, 2023. Shareholders will receive four shares of Impact Biomedical, Inc. for every one share of DSS.
June 26, 2023 | 12:26 pm
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DSS shareholders will receive a special stock dividend of four shares of Impact Biomedical for every one share of DSS, with a record date of June 30, 2023.
The announcement of a special stock dividend is generally seen as a positive event for shareholders, as it increases their holdings in another company (Impact Biomedical) without any additional investment. This could lead to a short-term increase in DSS's stock price as investors may buy shares to take advantage of the dividend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100