Profiting from Special Dividends: What Won’t Work, What Might
With the expectation of tax changes next year some companies have been declaring eye popping special dividends, for example AOL is giving out $5.15 and Costco $7. Intuitively it seems there should be some way to profit from these events, but as is always the case with Wall Street, there is never anything that approaches a free lunch. At open on the ex-dividend day a …
