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CORS ex-dividend on 7/16 (6%, special)

Corus Bankshares will pay a special dividend of $1.00 on August 1 to holders as of Monday, July 16. That’s 5.8% of the share price of $17.260. The dividend will be paid out of existing assets. Corus is considering more special cash dividends before December 2010, when tax rates on dividends will rise from their current 15 percent.

CORS quote

4 Responses to “CORS ex-dividend on 7/16 (6%, special)”

  1. tm Says:

    “when tax rates on dividends will rise from their current 15 percent.” - Does anyone know the facts behind this statement? (is there known information that tax rates will rise about 15% after 2010?)

  2. somebody Says:

    Ticker symbol: AACC

    Asset Acceptance Capital Corp. Declares Special One-Time Cash Dividend

    June 18, 2007 Asset Acceptance Capital Corp. announced that its Board of Directors has declared a special one-time cash dividend of $2.45 per share payable July 31, 2007, to shareholders of record July 19, 2007.

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