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Lorillard (LO) declares $1.55/share quarterly dividend, in line with previous. Forward yield...

Lorillard (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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Comments (1)
  • yesac13
    , contributor
    Comments (6) | Send Message
     
    This stock split will be in the form of a 200% dividend.

     

    I do not really get this - splitting in a form of a large dividend causes more taxes to be paid does it?
    15 Nov 2012, 09:54 AM Reply Like
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