Inc

Get a 10% Dividend Yield with Combined Special and Regular Dividend Payout

Watsco, Inc. (WSO) announced today that the Company’s Board of Directors declared a special cash dividend of $5.00 per share, totaling approximately $172 million, and a quarterly cash dividend of 62 cents per share, both payable on October 31, 2012 to shareholders of record at the close of business on October 15, 2012. Watsco has paid dividends for over 35 consecutive years and …

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A New Special dividend of $10 or 64% Yield – If You Dare

Sycamore Networks, Inc.  (NASDAQ: SCMR) announced that, on September 19, 2012, its Board of Directors approved a special cash distribution of $10.00 per share of common stock. The cash distribution will be paid on October 11, 2012 to stockholders of record as of October 1, 2012. In accordance with NASDAQ Rule 11140(b), the ex-dividend date will be October 12, 2012, the first …

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American Eagle (AEO) to Pay a Special Dividend

American Eagle Outfitters, Inc. (NYSE: AEO) announced that its board of directors declared a special cash dividend of $1.50 per share and a regular quarterly dividend of $0.11 per share.  This marks the company’s 33rd consecutive quarterly dividend. The total cash dividend of $1.61 is payable on October 10, 2012, to stockholders of record at the close of business on September 26, 2012.  This …

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Bassett Furniture Continues Turnaround with 11% Special Dividend

Bassett Furniture Industries, Inc. (NASDAQ: BSET) announced that its Board of Directors has declared a special dividend of $1.25 per share of common stock outstanding payable on October 26, 2012, to holders of record on October 12, 2012.  The special dividend is an 11% dividend yield based on current stock prices. For the past two quarters BSET has paid …

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Altria Group Increases Dividend 7.3%

Altria Group, Inc. (MO) announced that its Board of Directors voted to increase Altria’s regular quarterly dividend by 7.3% to $0.44per common share versus the previous rate of $0.41 per common share. The quarterly dividend is payable on October 10, 2012 to shareholders of record as of September 14, 2012. The ex-dividend date is September 12, 2012. The new annualized dividend rate …

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HEES Offers a 39% Special Dividend

H&E Equipment Services, Inc. (NASDAQ: HEES) announced that its Board of Directors declared a one-time special cash dividend (the “Dividend”) of $7.00 per share, payable on September 19, 2012 to stockholders of record at the close of business on September 5, 2012. The aggregate amount of the payment to be made in connection with the Dividend will be approximately $246 million. The …

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