Uncertainty over dividend taxes spurred a gusher of special dividend payouts—7.5 times more than average.
All told, the special dividend payouts totaled some $30.9 billion.
An average fourth quarter has about 31 special dividend announcements.
Susannah knew that they were paying three per cent dividends a monthand in April there was a special dividend of two per cent.
The capital stock of this concern was then distributed gratis as a special dividend among its own shareholders.
A regular dividend of two shillings per share, and a special dividend of as much more was declared, aggregating in all £30,000.