optionsXpress (OXPS) Declares Special Dividend of $4.50/Share; Stock Up Almost 9% This Morning

Shares of optionsXpress Holdings (OXPS) are up nearly 9% this morning following news that the company has declared a $4.50/share special cash dividend on the company's outstanding common stock. The dividend is payable on December 27, 2010 to shareholders of record on December 13, 2010. The ex-dividend date is December 9. Based on Friday's closing price of $16.93, the special optionsXpress dividend will yield 26.58%. Shares are set to open this morning's trading session around $18.40.... Read more

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Another Shot at 1 Huge Dividend!
optionsXpress (OXPS) declares special dividend of $4.50/share, yielding 26.6%