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The first special dividend is expected to be made in early December.
With the distribution of the special dividend, we were no longer in play.
The company has not set a date for paying the special dividends.
These rules are different for special dividends over 25%.
That would entitle it to up to $520 million of the special dividends.
Some investors apparently sought a special dividend the company has announced.
Under the plan, Manville would provide up to $520 million in special dividends to the trust over seven years.
What's more, this yield does not include the 4p-a-share special dividend that will be paid on February 3.
The company hoped that the special dividend would bolster its stock price.
The record date of the special dividend was Monday.
The special dividend to its shareholders will cost Ameritrade $2.4 billion.
Last month the company said it wanted to sell most of its assets and pay special dividends totaling $35.50 a share.
Then they would have been distributed to its shareholders as a one-time special dividend.
If Ford were a normal company, it would simply declare a special dividend or buy back a lot of shares.
Instinet will also pay its shareholders a special dividend of $1 a share, or about $250 million.
For this plum, we stockholders got a special dividend of about $550 a share.
Sears also paid a special dividend upon the completion of the transaction.
The special dividends amounted to $38.60 for each share of Interco common stock.
In addition, Ameritrade would issue a special dividend to its shareholders as part of the deal.
Recent special dividends have depleted 94% of the shareholder equity.
During the battle, Newmont paid its holders a special dividend of $33 a share.
"These alternatives could include a special dividend and/or a stock-repurchase program," he said.
The company said it would spend about $2.4 billion on special dividends to shareholders and to repurchase its stock.
Although other companies have paid special dividends, the size of Microsoft's payout is believed to be the largest.
Harcourt has asked a Florida court to issue a ruling on the conversion rights in light of its special dividend.