Special Dividends: Not So Special After All
There's no meaningful profit to be made on a consistent basis by sniffing around for irregular-dividend candidates.
It's been nine days since my last update--I couldn't resist taking Black Friday off, even if doorbusting wasn't remotely part of my agenda--and so it is that we find ourselves nine days closer to the fiscal cliff. If you read the news and can't find any substantive progress between the negotiating parties in Washington, well, I can't find any either, so I hope you won't mind if I skip ahead to the latest cliff-related phenomenon on Wall Street: special dividends.
Josh Peters, CFA does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.