Friday, January 11, 2013

JG Boswell Special Dividend

Lost among all of the "special dividend madness", as companies paid out cash prior to year-end given the uncertainties of where tax rates would end up, JG Boswell was a participant.  Very quietly, par for the course, the company paid out an $8.00  per share special dividend on 12/20.  You would have never known  about it, unless you carefully checked the transaction history in your brokerage account (if that's where your shares are held).   That's $24 in dividends per share for BWEL in 2012.

*The author has a position in JG Boswell(BWEL). This is neither a recommendation to buy or sell any securities. All information provided believed to be reliable and presented for information purposes only