Wednesday, December 8, 2010

Brown Forman Declares Special $1 Dividend

Brown-Forman, maker of such popular alcoholic beverages as Jack Daniels and Southern Comfort, recently declared a $1 special dividend payable to all shareholders on Dec. 28.

A number of companies have declared special dividends this month, in an effort to avoid any tax increases that may pass in 2011.  With piles of extra cash sitting on their balance sheets, I think a special dividend is a great way to reward shareholders during the holiday season.

Do you know any other companies that are rewarding shareholders with a special dividend? 

1 comment:

  1. GE surprised everyone with dividends. Honeywell is following suit