AOL Offers a 15% Special Dividend
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%. …