red states rule
12-09-2012, 04:51 AM
It is always amazing to see liberals who demand higher taxes on the producers turn around and do everything they can NOT to pay those taxes. Another classic example of liberal hypocrisy
The Washington Post Co. will pay its 2013 dividends before the end of this year to try to spare investors from anticipated tax increases.The media and education company said Friday that its dividend of $9.80 per share is payable Dec. 27 to shareholders of record as of Dec. 17. The payout is instead of regular quarterly dividends next year.
Washington Post is the latest company to move up its quarterly payout or issue a special end-of-year payment to protect investors from potentially having to pay higher taxes on dividend income starting in January.
Since 2003 investors have paid a maximum 15 percent on dividend income. But that historically low rate will expire in January unless Congress and President Barack Obama reach a compromise on taxes and government spending. As it stands, dividends will be taxed as ordinary income in 2013, the same as wages, so rates will go up depending on which income bracket a taxpayer is in. For the highest earners, the dividend rate would jump to 43.4 percent.
The Washington Post's dividend payment also stands to benefit those with a significant stake in the company, such as Warren Buffett's firm Berkshire Hathaway. Berkshire is its largest shareholder with an estimated 1.7 million shares, which means it could get a roughly $17 million dividend payment. http://hosted.ap.org/dynamic/stories/U/US_WASHINGTON_POST_DIVIDEND?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-12-07-16-53-14 and only a few weeks ago a WP reporter was upset over this very action
More than 100 of them have declared special dividends in the fourth quarter, compared with the average of 31, according to Markit, a data provider that predicts at least 20 more will be announced by the end of the year.
The biggest beneficiaries at many of these companies will be the families and managers who run them.
A new report, also from Markit, shows that more than half the firms giving one-time payouts next month have inside ownership greater than 25 percent of the company’s shares. Of the 74 companies examined by Markit, an average of 30 percent of the shares were owned by insiders.
Las Vegas Sands said Monday that it will pay $2.75 a share, a total of $2.26 billion, next month. Roughly half the stock is owned by chief executive Sheldon Adelson and his wife.
http://articles.washingtonpost.com/images/pixel.gif
“The cash flow of our current operations and the strength of our balance sheet have put us in the enviable position of both returning capital to our shareholders while at the same time staying true to our roots as a growth company,” Adelson said in a statement Monday.
Rather than adding a dividend, some companies are simply shifting their calendars by moving up payouts a few days earlier to catch the end of the year. http://articles.washingtonpost.com/2012-11-27/business/35507419_1_special-dividends-fiscal-cliff-markit
The Washington Post Co. will pay its 2013 dividends before the end of this year to try to spare investors from anticipated tax increases.The media and education company said Friday that its dividend of $9.80 per share is payable Dec. 27 to shareholders of record as of Dec. 17. The payout is instead of regular quarterly dividends next year.
Washington Post is the latest company to move up its quarterly payout or issue a special end-of-year payment to protect investors from potentially having to pay higher taxes on dividend income starting in January.
Since 2003 investors have paid a maximum 15 percent on dividend income. But that historically low rate will expire in January unless Congress and President Barack Obama reach a compromise on taxes and government spending. As it stands, dividends will be taxed as ordinary income in 2013, the same as wages, so rates will go up depending on which income bracket a taxpayer is in. For the highest earners, the dividend rate would jump to 43.4 percent.
The Washington Post's dividend payment also stands to benefit those with a significant stake in the company, such as Warren Buffett's firm Berkshire Hathaway. Berkshire is its largest shareholder with an estimated 1.7 million shares, which means it could get a roughly $17 million dividend payment. http://hosted.ap.org/dynamic/stories/U/US_WASHINGTON_POST_DIVIDEND?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-12-07-16-53-14 and only a few weeks ago a WP reporter was upset over this very action
More than 100 of them have declared special dividends in the fourth quarter, compared with the average of 31, according to Markit, a data provider that predicts at least 20 more will be announced by the end of the year.
The biggest beneficiaries at many of these companies will be the families and managers who run them.
A new report, also from Markit, shows that more than half the firms giving one-time payouts next month have inside ownership greater than 25 percent of the company’s shares. Of the 74 companies examined by Markit, an average of 30 percent of the shares were owned by insiders.
Las Vegas Sands said Monday that it will pay $2.75 a share, a total of $2.26 billion, next month. Roughly half the stock is owned by chief executive Sheldon Adelson and his wife.
http://articles.washingtonpost.com/images/pixel.gif
“The cash flow of our current operations and the strength of our balance sheet have put us in the enviable position of both returning capital to our shareholders while at the same time staying true to our roots as a growth company,” Adelson said in a statement Monday.
Rather than adding a dividend, some companies are simply shifting their calendars by moving up payouts a few days earlier to catch the end of the year. http://articles.washingtonpost.com/2012-11-27/business/35507419_1_special-dividends-fiscal-cliff-markit