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A cash dividend of $87.79 per share, declared by IMIT0502, carries a payment date of July 30, according to a corporate actions disclosure. The ex-dividend and record dates were both set at July 23.
Dividend mechanics The ex-dividend date and the record date fall on the same calendar day, July 23. Share purchases made on or after that date do not qualify for the current distribution.
Only holders of record as of July 23 receive the $87.79 per share. The payment date of July 30 is seven days after the record date.
The disclosure gave no indication of whether this is a recurring quarterly distribution or a special one-time payment. What the filing shows The corporate actions notice confirmed the payment as a cash dividend.
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