Because they've sold the sugar division there will be no income from it and earnings will drop. The capital returned to shareholders leaves the co. with less to invest back into the building products division. The SP must drop. The question for shareholders is Will we be better off taking the divs. and return of capital and hold the reduced value of the shares or do we sell before or after getting our cheques. My guess is that it won't matter either way. If you used your divs. and return of capital to buy more stock you'll probably end up with the same value.
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