special cash dividend

REIT Conversion with 18% Special Dividend Yield

Ryman Hospitality Properties Inc. (NYSE: RHP) declared a special dividend of $6.84 a share, marking another step towards the hospitality-and-entertainment company’s conversion into a real estate investment trust.  The dividend is payable to stockholders of record as of Nov. 13. The company plans to pay the dividend on Dec. 21. The special dividend equates to a dividend yield of …

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List of 8 Special Dividend Offers Before Year End Tax Changes

Given the potential significant increases in tax rates on dividends beginning next year, and their strong levels of capital, it is an opportune time for many companies to provide special dividend distributions to their shareholders before the end of the year.  While most companies are sitting on higher levels of cash than in years past, …

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Company Shares Blowout Earnings with a Special Dividend

Television broadcasting company Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) sees revenues increase 49% in quarter, 36% in 9 months and net income increase of 59% over 9 months 2012.  Sinclair rewarded shareholders with a special dividend added to the regular quarterly dividend. The Company announced that its Board of Directors has declared a special cash …

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LyondellBasell offers a Special Dividend and Regular Dividend

LyondellBasell (NYSE: LYB) has authorized the company’s Management Board to declare a special dividend of $2.75 per share to be paid Dec. 11, 2012 to shareholders of record Nov. 19, 2012, subject to the adoption of a resolution by the Management Board, which is expected to occur Nov. 19, 2012.  The special dividend of approximately $1.6 billion will return value to shareholders and …

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The House offers an $8.00 Special Dividend

Wynn Resorts (WYNN) announced today that the Company has approved an $8.00 cash dividend, which includes the $0.50 per common share quarterly dividend. This dividend will be payable on November 20, 2012, to stockholders of record on November 7, 2012 and the stock will begin to trade ex-dividend on November 5, 2012.  Wynn has a current dividend yield of 1.79%.  The $8.00 special …

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Homeowners Choice is a Strong Buy with Special Dividend

Homeowners Choice, Inc. (HCII) announced that its board of directors has declared a regular quarterly cash dividend on its common shares in the amount of $0.225 per share, which represents a 12.5% increase over the previous quarterly rate of $0.20 per share.  Homeowners Choice has a current dividend yield of 3.74%. In addition, the board declared a …

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A Solid Company offering a 9% Special Dividend

TransDigm Group Incorporated (TDG) declared a special cash dividend of $12.85on each outstanding share of common stock and cash dividend equivalent payments under certain of its stock option plans. The record date for the special dividend is October 25, 2012, and the payment date for the dividend is November 5, 2012. TDG is currently trading at $148.70 so the …

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Iron Mountain to Pay a 11.7% Special Dividend

Iron Mountain (IRM) announced that it will give shareholders a special dividend of $700 million, or about$4.07 a share, in connection with its plan to convert to a real-estate investment trust.  This is a 11.7% dividend yield. The dividend is an initial distribution that satisfies a requirement that Iron Mountain pay shareholders its accumulated earnings and profits …

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Inteliquent Offers a 33% Special Dividend

Inteliquent (NASDAQ: IQNT), a leading provider of global interconnection and interoperability solutions, today announced that its Board of Directors has declared a special one-time cash dividend of $3.00 per share, or approximately $97 million in the aggregate. The dividend will be funded with available cash on hand. The payment date for the special one-time cash dividend is October 30, 2012. At $3.00 per …

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