- The special dividend declared for Saizen Reit will be the largest one-time dividend ...
I will remember Saizen Reit fondly despite the short acquaintance with this counter.
After going XD for the special dividend this week, all assets of Saizen Reit are gone and it becomes a cash holding, though it will continue trading on the stock exchange for the time being.
I bought Saizen Reit when it was announced that there was a firm offer to acquire all the assets of the Reit. The stock value has already crept up from $0.80+ to $0.90+. As Saizen Reit's NAV is $1.10+, I thought it makes no sense to the owner to sell too much below the NAV. So, I bet that it would be sold near to its NAV.
Despite my small investment in Saizen Reit, it is setting records and milestone for me:
