I read that the special dividend was to be issued to holders as of December 13 (two days from now). But the stock seems to be acting as if it was as of yesterday. The stock closed at about 35.50, and it is at 34.98 according to the last trade at this time, and yahoo has "up" .87 (instead of down .53). Is it possible that the exdividend date was yesterday, which would explain this (which would be fine with me).
Thank you. After I posted my inquiry, I realized that, even though hitk stated that they were giving the dividend to shareholders of record on 12-13-2012, that it takes 3 days for changes in ownership to be recorded. Accordingly, if you bought it on the 10th, it doesn't show up until the 13th. Similarly, if you bought it on the 11th, it doesn't show up until the 14th - so you don't get the special dividend. That is why the stock is "up" about $1.50 today but is close to the close of yesterday.