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 …
Bassett Furniture Continues Turnaround with 11% Special Dividend Read More »
Fisher Communications Inc. (NASDAQ: FSCI) initiated a regular quarterly dividend and declared a special $10 cash dividend as the local-media company looks to boost its value to shareholders. The company said it plans to launch a quarterly dividend of 15 cents, beginning in the fourth quarter. The payout will cost roughly $5.33 million a year. Fisher intends to fund the …
Fisher Communications offers a 27% Special Dividend Read More »
AOL Inc. (NYSE: AOL) authorized a special, one-time, cash dividend of $5.15 per share, payable on December 14, 2012 to shareholders of record at the close of business on December 5, 2012. AOL does not currently pay a regular dividend. Based on the current AOL stock price, the $5.15 special dividend will result in a dividend yield of 15%. …
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 …
HollyFrontier Corporation (HFC) announced today that its Board of Directors declared a special cash dividend in the amount of $0.50 per share, payable on September 4, 2012 to holders of record of common stock on August 27, 2012. The Board of Directors also approved a regular quarterly dividend of $0.15 per share. This dividend will be paid on October 2, 2012 to all holders …
HollyFrontier Corporation Announces Special and Regular Dividends Read More »
Neutral Tandem, Inc. (IQNT), doing business as Inteliquent, provides interconnection and interoperability solutions worldwide. It offers voice, IP transit, and Ethernet telecommunications services primarily on a wholesale basis. The company announced its intention to declare and pay a special one-time cash dividend in an amount between $4.80 and $5.65 per share, or between approximately $155 – $180 million in …
Neutral Tandem (IQNT) Announces Special Dividend Read More »
Warner Chilcott plc (WCRX) reported that as a result of its previously announced process to explore strategic alternatives, its board of directors has approved a series of transactions intended to enhance shareholder value. More specifically, WCRX’s board of directors has approved a recapitalization transaction, a new dividend policy for regular cash dividends and the renewal …
Booz Allen Hamilton (BAH) disclosed in a filing that the company’s management is exploring, subject to continuing management review and to further consideration and ultimate approval by the company’s Board of Directors, the possible refinancing of approximately $959M of indebtedness outstanding under its senior secured credit facilities with funded debt under new senior secured credit …
Choice Hotels (CHH) whose midpriced and budget hotel brands include Comfort Inn, Quality Inn and Econo Lodge, announced it intended to offer $400 million of 10-year, asset-backed senior notes to help fund a $600 million special cash dividend. This is a special dividend of approximately $10.00 per share. The special dividend must be approved by the Board. There is no date scheduled for …
Choice Hotels Announces Special Dividend of $10 per share Read More »
Generac Holdings Inc. announced that its board has declared a previously announced special dividend of $6 per share to be paid in June. GNRC is trading at $26.00 so the $6.00 special dividend is a 23% yield. Generac (GNRC) will use the remaining proceeds from the new term loans and cash on hand to fund …
