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Nothing focuses the mind of -- executive like I looming tax hike that's why more more companies are giving out special dividends before the end of the year.
Nothing doesn't like that you're an early holiday cheer with these dividend taxes that the -- next year -- of course.
-- and utterly holiday -- must be Elizabeth MacDonald Simons is here with the bottom line and let me back.
Does say something more than a hundred companies now expected to get about special dividends before the end of the year that's about fourteen billion bucks that's according to market it doesn't just include Wal-Mart which announced a special dividend.
Also Tyson carnival corporate going to be running and showing you a scroll of the companies that are offering this special dividend by.
Don't let -- America but here's the thing you know it's clearly interesting look Wal-Mart said about this that that the fiscal cliff.
Tax rate issues that may not -- results -- -- wal marts at about issuing its special dividend.
And also said moving up the dividend is in a special interests of shareholders.
-- really interesting is Steve Wynn and Wynn Resorts and what he said.
Here's that Steve -- said about dividends -- and -- taxes going up to more almost 44% all land next year.
When you could the Obama care rates.
Dividends often are affected by tax policies that -- when taxes are too high look at this -- -- do not get dividends uncle -- does not.
Get the tax revenues so the other thing that we're looking at two guys.
Is what happened when basically -- dividend tax rate held in 1997.
And capital gains though were -- We did see a plunge in the S&P 500 companies 20% less as a -- -- companies.
Issued the -- issue dividends the cut them right when that was reversed in 2003 when a tax rate and dividends dropped that that be at least a 20% spike higher.
In particular incident here certainly yeah that's right -- as possible and -- get some early gift that -- by the way it was that you should put some things in there just to see people are paying attention like he had to to quit LaMont and like I like key grip data -- -- -- -- -- but it's a -- -- at the.
It's actually very nice to the Mac given what you said about me all fans love it we do have al-Qaeda and the they're immaculate.
Love you and I am happy Thanksgiving let's get -- act now to.
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