2 Special Dividend Paying Stocks To Watch Out

Dividends are the company's profits that are distributed among its shareholders and special dividend is paid in a special case so as to commemorate some event and is usually a one time payment and higher than the other dividend paid out by the company. So, special dividend in fact is a non-recurring pay-out and is separate from the normal recurring dividend cycle. Also, special dividend is known as irregular or extra dividend.

It can be also paid when the company has an extremely profitable fiscal year.

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