Archive for July, 2007

WNI ex-dividend on 8/14 (20%, special)

Monday, July 30th, 2007

Schiff Nutrition International will pay a special dividend of $1.50 on August 13 to holders as of Tuesday, August 14. The dividend will be taxed in part as earning dividend, and in part as return of capital dividend. That’s 20.1% of the share price of $7.460. This special dividend will be paid out of cash […]

PKE ex-dividend on 7/30 (5%, special)

Tuesday, July 24th, 2007

Park Electrochemical, a high tech component manufacturer, will pay a special dividend of $1.50 on August 22 to holders as of Monday, July 30. That’s 4.8% of the share price of $31.130. The payout is in addition to the regular quarterly dividend of 8 cents a share that Park ex-dived on July 3rd.

AXR ex-dividend on 8/8 (2.1%, special)

Thursday, July 19th, 2007

AMREP will pay a special dividend of $1.00 on August 24 to holders as of Wednesday, August 8. That’s 2.1% of the share price of $48. At the same time, the Board also authorized the Company to repurchase up to 500,000 shares of its outstanding common stock.

SYM ex-dividend on 7/24 (3%, special)

Monday, July 16th, 2007

Syms Corp, operator of 33 “off-price” apparel stores, will pay a special dividend of $0.60 on August 6 to holders as of Tuesday, July 24. That’s 3.3% of the share price of $18.400.

FLA ex-dividend on 7/26 (26%, special)

Friday, July 13th, 2007

Florida East Coast will pay a special dividend of $21.50 on July 25 to holders as of Thursday, July 26. That’s 25.9% of the share price of $83.This was part of a bouyout by private equity funds to acquire the company for $3.5 billion transaction. In addition to the special dividend of $21.50 per share, […]

SCHW ex-dividend on 7/20 (5%, special)

Wednesday, July 11th, 2007

Charles Schwab will pay a special dividend of $1.00 on August 24 to holders as of Friday, July 20. That’s 4.5% of the share price of $22.100. Schwab was expected to pay some of the proceeds from the $2.7bn sales of US Trust as dividend since May. The special dividend represents nearly half the sales […]

SUI ex-dividend on 7/11 (2.0%)

Monday, July 2nd, 2007

Sun Communities, a residential REIT, will pay a regular quarterly dividend of $0.63 to holders as of Wednesday, July 11. That’s 2.0% of the share price of $30.800, or a 8% annual yield. Their strategy of converting the renters at its communities to buyers upon the completion of the leases is cushioning SUI from the […]