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Ex-div 2/10, this is in addition to their normal $0.15 dividend, and is due to sales of Rivian stock being returned to shareholders.

Ex-div 2/10, this is in addition to their normal $0.15 dividend, and is due to sales of Rivian stock being returned to shareholders.

(post is archived)

[–] 1 pt

Why were they investing in a rival car company?

[–] 0 pt

Technology share and hoping to make a return on money that otherwise would just sit there.

Companies invest in rival / partner companies all the time.