We are pleased to announce we have added a new feature to our Screeners page: Upcoming Special Dividends.
Definition of a special dividend
Investopedia defines a special dividend as a “nonrecurring distribution of company assets, usually in the form of cash, to shareholders.” Such dividends are usually larger than regular dividends and often tied to specific events like asset sales, spinoffs or other windfall events.
Companies might also announce a special dividend after exceptionally strong earnings results as a way to distribute the profits directly to shareholders. Such signals, which include increasing the company’s regular dividend, usually lead to boosts in share prices.
Consider investing in dividend-paying stocks as yields near lows
Goldman Sachs Group Inc. (GS, Financial), a major bank holding of Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway Inc. (BRK.A, Financial)(BRK.B, Financial), said in a Aug. 19 note that with the 10-year Treasury constant maturity rate close to a three-year low of 1.5, investors should “look for opportunities in dividend stocks.”
Introduction of the page
You can access the Upcoming Special Dividends page by clicking the “Upcoming Special Dividends” item under the Screeners tab. Figure 1 illustrates the location of the item.
Figure 1
Figure 2 illustrates a sample screen shot of the page.
Figure 2
As Figure 2 illustrates, the Upcoming Special Dividends page allows you to view the stocks that are expected to pay a special dividend in the upcoming months. The table lists the stock ticker, company, dividend amount, current price, ex-dividend date, record date, declaration date, market cap and price-earnings ratio.
We offer several Screener pages in our Premium membership
The Upcoming Special Dividends page requires a GuruFocus Premium membership to view the stocks that are due to pay special dividends. Several of our other popular Screener pages include the All-in-One Screener, the Ben Graham Net-Net Screener, the Undervalued-Predictable Screener and the Buffett-Munger Screener.
Disclosure: No positions.
Read more here:
- 5 Undervalued-Predictable Companies to Consider on Strong Job Growth
- 5 Dividend Growth Stocks to Consider in Light of Falling Treasury Yields
- 5 High-Yield Dividend Stocks With Strong Business Predictability
Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.