Special Dividends, It’s What All the Cool Kids Are Doing
- Posted by UpsideTrader
- on November 28th, 2012
The big cash hording companies are trying to get that cash out the door. Taxes suck so pay it forward. $LVS and $WYNN just announced one. $COST just announced a $3 billion special dividend and $WMT will get their dividend out the door early for tax reasons.
So who is the next Big Kahuna to play this game?
I have to believe $AAPL steps up to the plate, it only makes sense. Oh, and the stock will rip.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »
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