Special Dividends, It’s What All the Cool Kids Are Doing

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.

Joe Donohue

Joe is a full time trader with 25 years experience. He is a senior contributor and investor in Stocktwits and has been seen on CNN Money and quoted in Marketwatch, Forbes, Reuters, NY Times and Wall Street Journal.