So, I hear that Dolby is paying a $4 dividend. I own shares, but what's it to me? I don't see any change in my portfolio.
According to the CAPs page, Dolby doesn't pay out a dividend:http://caps.fool.com/Ticker/DLB.aspxWhat I think you are referring to is a special year-end dividend that was paid out on December 27th for shareholders of record on December 21st. Unless you automatically reinvest dividends, you should have simply received a cash payout. I received mine on the 27th.FuskieWho notes the whole point of the special dividend was a 2012 payout ahead of a potential tax increase on capital gains and dividends if the country fell off the fiscal cliff...
http://www.dividendinvestor.com/historical.php?no=9212 a special dividend was issued because of the Fiscal Cliff.consider this a nice Christmas present.Quillnpenn -
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