No. of Recommendations: 2
The Buckle declared a $4.50 special dividend today. That's over a 9% yield at today's closing price and much larger than the 2011 special dividend. It was generally thought the dividend would be in the $2.00-$2.50 range.

Since the dividend was declared the day after the election, it's likely that the larger dividend was due to the increased possibility of the maximum dividend tax rate being raised in 2013. Insiders own a significant number of shares of BKE.

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