It's Raining Special Dividends
There has been quite a bit of news covering companies announcing special dividends or pulling dividend payments into '12 from '13 to avoid the possibility of higher div taxes next year.
My weekly bond research turned up two companies, Costco and Murphy Oil borrowing to pay special divs before year end.
Fellow Fool awallejr added a comment to my blog post pointing out that Oracle was pulling payouts from next year forward.
I just ran a Google search (as far as I know Google hasn't joined the special div craze) on 'special dividend' and found the following companies that recently joined the party with a special or advancing a '13 payout to this year. Didn't double check, but I think these all announced today or yesterday.
Hospital Corp of America (HCA) - bonuses for announcing its second special, and it'll be borrowing to pay it.
Eaton Vance (EV)
Mine Safety Appliances (MSA)
Sun Hydraulics (SNHY)
Electro Scientific Industries (EISO)
Pike Electric (PIKE)
Help fill in the gaps with other year end, corporate dividend foolishness (Foolishness?) or background on these.
No postion in an company mentioned