It’s hardly enough for a Hawaiian vacation — more like a January gas bill or a meal for two at a nice restaurant — but yours truly¬† is on the receiving end of not one but two¬†special dividends this December (I’ve got modest holdings of Costco and Commerce Bancshares).

Multiply that largess by dozens of companies and millions of shareholders, and before long, you’ve got a pretty decent economic stimulus.

Accelerated Dividends

Of course, in addition to a couple dozen companies paying special dividends, an equal number are accelerating their January dividends to December, before tax rates presumably rise.

For folks like the Waltons (Wal-Mart) and Larry Ellison (Oracle), the earlier payments amount to hundreds of millions of dollars — and tens of millions in tax savings.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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