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Lorillard (LO) declares $1.55/share quarterly dividend, in line with previous. Forward yield...
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Wednesday, October 31, 2012, 6:16 PM ETLorillard (LO) declares $1.55/share quarterly dividend, in line with previous. Forward yield 5.34%. For shareholders of record Nov 30. Payable Dec 10. Ex-div date Nov 28. (PR)
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I do not really get this - splitting in a form of a large dividend causes more taxes to be paid does it?