Title

Reminder for NYSE-Listed Companies: Expanded Hours for Dividend Notices Begin February 1
Client Memorandum

Created date

1/31/2018

Starting February 1, a NYSE-listed company must notify NYSE at least ten minutes before making a public announcement, at any time, of a dividend or other stock distribution. This includes announcements outside of “market hours” (7:00 am to 4:00 pm ET Monday-Friday). NYSE intends to have staff available at all times to review dividend and distribution notices upon receipt and says it will immediately contact the company with any problems, regardless of when notice is provided.