special dividend

noun

1. a dividend paid to stockholders in addition to the regular dividend.

Example Sentences

Progressive declared a $4.50 special dividend at the end of 2024, and T. Rowe’s Locraft expects a similar declaration at the end of this year based on strong profits this year and possibly another special dividend in 2026.

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The warehouse club operator announced a special dividend of $1.

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The company added a special dividend, on top of its usual payout, as its net cash exceeded €10 billion.

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Costco Wholesale announced a special dividend of $15 a share, while also posting profit that outpaced market estimates, as the warehouse-club chain continued a string of solid results.

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Data compiled by Bloomberg show it’s the Issaquah-based retailer’s first special dividend since late 2020, when the big-box retailer paid out $10 a share.

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