DISH special dividend lower than expected, says Wells Fargo

theflyonthewall.com

After DISH announced a $1 per share special dividend, Wells Fargo reports that some investors were expecting a $3 per share dividend, and others thought $5 per share might be possible. The firm thinks the dividend was lower than expected due to uncertainty about upcoming FCC rules, and it maintains an Outperform rating on the stock.

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