Wed, Oct 1, 2014, 4:20 AM EDT - U.S. Markets open in 5 hrs 10 mins

Recent

% | $
Quotes you view appear here for quick access.

The GEO Group, Inc. Message Board

  • low_mac low_mac Apr 9, 2013 1:11 PM Flag

    CCA to Pay Special Dividend

    The planned transformation of Corrections Corporation of America (NYSE: CXW ) has produced an early reward for shareholders. The company has announced that it will hand out a special dividend of $6.63 per share of its common stock. It expects the disbursement to be made on May 20 to shareholders of record as of April 19.

    The dividend is being paid as a precursor to CCA's transformation into a real estate investment trust or REIT, which requires the company to distribute its undistributed earnings and profits before this year.

    The special dividend yields 17.5% at CCA's current stock price of $37.97

 
GEO
38.22+0.29(+0.76%)Sep 30 4:04 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Cyber-Ark Software Ltd.
NasdaqGSTue, Sep 30, 2014 4:00 PM EDT
eBay Inc.
NasdaqGSTue, Sep 30, 2014 4:15 PM EDT
Civeo Corporation
NYSETue, Sep 30, 2014 4:04 PM EDT