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Jim Walton

Jim Walton
Wal-Mart Stores Inc. (WMT)

Owner of 10,499,215 shares

Dividend: $16,693,751

After 15% tax: $14,189,688

After 43.4% tax: $9,348,500

Saving: $4,841,188

Winners of the Dividend Bonanza

December 7, 2012

With the deadline for avoiding the fiscal cliff fast approaching, the fear for

the possible increase in 2013 federal tax rates looms. Many companies

are issuing accelerated dividends or special dividends in the fourth

quarter of 2012, in order for their shareholders to avoid higher tax

rates in the future. Here's a look at some institutional insiders who will benefit from these special dividends.