Mon, Mar 2, 2015, 6:15 AM EST - U.S. Markets open in 3 hrs 15 mins


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

Corrections Corporation of America Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • ALarriva ALarriva May 18, 1999 9:18 PM Flag

    A simple and elegant solution

    You need to pay the Dividend to maintain your tax

    You need to pay a certain amount -- there is no
    interest on it.
    You can (I beleive) pay it in 2000
    (somewhere early) so long as you declare it payable to
    stockholders for 1999. Since the company gets to earn interest
    on it and really doesn't want to pay it out, they
    have every reason to hold onto it for as long as
    possible just like you would if you had to pay a

    I expect them to wait quite a long time, but I do
    expect them to pay it in 1999 -- they have the open
    credit on their current Lehman line.


39.89+0.18(+0.45%)Feb 27 4:06 PMEST

Trending Tickers

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.