Stock Pickers Game the Fiscal Cliff – Wall Street Journal

Companies pay out special dividends ahead of “fiscal cliff”: Major U.S. companies are rushing to authorize special dividends before Dec. 31st before the “fiscal cliff” takes effect and the tax on dividends jumps from 15% to 43.4%. Over the past two weeks, at least four Standard & Poor’s 500 corporations have announced special payouts.

Stock Pickers Game the Fiscal Cliff – WSJ.com.

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