-KBW declares USD1.00 p/s special dividend.
BANKING AND CREDIT NEWS-December 8, 2010--KBW declares USD1.00 p/s special dividend(C)2010 M2 COMMUNICATIONS http://www.m2.com
8 December 2010 -- US investment bank KBW Inc (NYSE:KBW) said it would pay a special dividend of USD1.00 (EUR0.756) per common share outstanding on 27 December 2010.
Stockholders of record as at the close of business on 17 December 2010 will be entitled to the dividend.
In total, KBW will distribute some USD36m via the special dividend.
Through the special dividend, regular quarterly dividends and share repurchases the investment bank will have paid out some USD45m to shareholders this year, the company's CEO, John Duffy, said.
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|Publication:||M2 Banking & Credit News (BCN)|
|Date:||Dec 8, 2010|
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