Regal Entertainment (RGC) Declares Special Dividend of $1.40/Share, Yielding 10.17%; Raises Regular Qtr. Dividend to 21c/Share

Regal Entertainment (NYSE: RGC) declares a special cash dividend of $1.40 per common share, payable on Dec. 30 to shareholders of record on Dec. 20. The ex-dividend date is Dec. 16. The company also announced that its Board has boosted its regular quarterly cash dividend by 17% from 18c to 21c/share. The dividend will be paid on the same date as the above special dividend. With Regal shares closing at $13.76 today, the regular dividend yield moves from 5.23% to 6.10%. The special dividend, meanwhile, will yield 10.17%.... Read more

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