Reinvestment Date

Reinvestment Date - The Reinvestment Date was a creation of business to allow all pending transactions, past and, present to be in complete form preceding the date of closing. If a person purchasing a stock investment does not manage to close the deal before an agreed upon date the dividends at the end of the current cycle with then revert back to the original seller. The payment price of the stock in question will also revert back to the previous quarter for dividend payment. This means the new owner will not be entitled to dividend payments until the next cycle of payments rendered.