No. of Recommendations: 1
“ Not a fan of these special dividends, which comes with a tax bill of 18.8% for me. And the stock will trade down ex-dividend by almost that amount. And special dividends don’t attract those seeking high regular dividend yields.
I have worse problems than this to complain about ;)“ Companies like MSFT , Cost, etc pay a small div and they pay extra specials divs now and then. The chart proves these are poor capital allocation decisions. It’s much better to hoard cash for 20 years and then buy size at 1.55 xs BV. Priceless.
