3 Special Dividend Stocks for 2012

Dividend Stocks

With 2012 running out of time these 3 companies are going to bat for shareholders

Oracle Corp (ORCL), Tellabs Inc (TLAB) and Las Vegas Sands Corp. (LVS) are paying out special dividends before the end of 2012.  Here's the details and when you need to buy to cash in on the one time special 2012 dividends.


Tellabs (TLAB): Buy on/before Dec 14th for a $1 cash dividend per share.  Tellabs shares are at $3.36 today. 

Last week Tellabs Inc. (TLAB) announced that its board declared a special cash dividend of $1 per share. The dividend is payable on December 21 to stockholders of record as of the close of business on December 14.  The company has no debt.  A $1 payout for a stock that trades for $3 is an amazing special dividend.  Keep in mind with today's share price a $1 special dividend for TLAB is equal to 29% of its share price. Instant cash fellow Masters, that is the highest yield you will find for any special dividend issued in 2012.


Las Vegas Sands Corp. (LVS): Buy on/before Dec 10th for a $2.75 cash dividend per share.  The Sands shares are at $45.48.

Las Vegas Sands is paying out a special cash dividend on its outstanding common stock payable on December 18, 2012 to shareholders of record on December 10, 2012. Las Vegas Sands is all about the dividend in 2012, they upped their annual dividend to $1.40 per share beginning in 2013.

Oracle Corporation (ORCL) Buy on/before Dec 14th for a 18 cents per share cash dividend.  Oracle  shares are down 2% today to $31.62.

Oracle jumped on board the special 2012 dividend train yesterday.  The company announced it would pay its Q2, Q3, and Q4 dividends before the year is up.  That comes to $0.18 per share. You need to buy before/on Dec 14th to cash in on the special dividend paid on Dec 21st.


As great as a $1 dividend is, Tellabs shares will most likely fall 20% after the payout.  The stock ran up for reason and if you are playing this it may just make a you a few bucks or net zero.  Then again perhaps the shorts will get trapped after Dec 21st.  Regardless its going to be fun to watch the activity on TLAB in the next week.  Buyer beware.