Also in this playlist...
This transcript is automatically generated
Seeing a lot of this brown Foreman now beyond latest declared a special dividends and a more more companies trying to get set end of the year in the looming fiscal cliff.
Robert -- joins us from the news room with more and how -- -- those tax rates will go for top earners -- Yeah that's right that's one of the issues at hand title and date and that we could see a traveling almost.
Of the dividend tax rate for the wealthiest investors out there from 15%.
As things stand right now -- year and with -- fiscal cliff side change and adjustment will go see them go up to 43 point 4%.
In the New -- using company's getting out ahead of -- take a look at some of the reasons why they're paying out some of these extra dividends.
They're trying to get him out before year end there's a tax uncertainty in the -- as I mentioned.
These are companies that generally have a healthy balance sheet and of course analysts out there are saying we should watch for more announcements as to why brown Foreman chose to do it.
Chief executive Paul Vargas saying in -- release today the company chose to make this payment in calendar 2012.
Because of the uncertainty surrounding future dividend tax rates -- very simply but.
He also went on to say they had ample capital capacity to make a long term investments in their business less summoned the shareholders.
Be disappointing they should be using -- -- cash for other purposes than a one time lump sum payment.
What you see lots of green across the screen Las Vegas Sands also announcing last night 2751.
Time dividend big pop on that -- are also raising their dividend beginning in the new year.
Dillard's paying a five dollar share special dividend they're gonna pay their fourth quarter dividend early.
In December they paid in January for at least a decade and that of course will -- their shareholders a lot of cash that something analysts are calling it Q five payment five dividend payments in one calendar year.
John Snyder helps oversee one point six billion dollars as sovereign asset management he tells me.
He is not entice by these one time payout cheaper first companies that build over a long period of time raising them on a consistent basis.
Like Wal-Mart he did applaud Wal-Mart of course it was as he caught it -- a poster child.
For paying their dividends early guys he said he was happy about it and so were the shareholders and just lastly Howard's -- -- SMP we know he tracks -- very closely says.
Now class -- the bar expect more these announcements in the next two weeks and it's almost unprecedented time in history he says back to you thank.
Filter by section