Special Dividends: Naughty or Nice?
Whole Foods is doing it...so is Costco. And according to Standard and Poor's nearly half of all S&P 500 companies are preparing to pay out dividends, and the number is growing by the hour. Companies are either giving shareholders a special end-of-the-year dividend or moving up scheduled dividends in order to avoid a possible spike in tax bills next year, due to the fiscal cliff. Tom Lee of JP Morgan thinks these dividends are a great idea.
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