2012: Year Of The Special Dividend
Due to a potential end to favorable dividend tax treatments, I suggested 2010 would be the year of the "special dividend." Indeed, 2010 brought a flurry of "special dividends", rewarding patient investors with a bonanza. Companies rushed to hand out cash to shareholders before the tax expiration. In the end, Congress renewed the low dividend rate: But happy investors also got to keep their "special dividends." Now, the same tax scenario is playing out... Read more