These rules are different for special dividends over 25%.
Under the plan, Manville would provide up to $520 million in special dividends to the trust over seven years.
About $1.5 billion of the total is to be used to pay a special $65-a-share dividend to stockholders.
The first special dividend is expected to be made in early December.
The company has not set a date for paying the special dividends.
What's more, this yield does not include the 4p-a-share special dividend that will be paid on February 3.
With the distribution of the special dividend, we were no longer in play.
That would entitle it to up to $520 million of the special dividends.
Some investors apparently sought a special dividend the company has announced.
The company hoped that the special dividend would bolster its stock price.