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Have You Ever Received a Liquidation Dividend?

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When a company that has gone public (issued and sold shares on the stock exchange) will stop its business either for legal reasons or other reasons, then the company will sell all assets to pay debts such as employee salaries, bonds, short-term debt or long-term debt etc. The balance from the sale of assets after deducting debt payments will be distributed to shareholders in the form of the principal value of the shares plus dividends. This dividend is known as a liquidation dividend.
 
Well, that has not happened with my investment. But once I liquidated my business after making a huge loss but it turned out that I made some profits after I sold all business assets.,
 
For me l have once received my annual dividends on the savings and cooperative society because l was a member there
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For me l had deposited my money on a bank that went bankruptcy and closed down the business. Unfortunately we have never gotten our money since 2019 up to now.
 
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