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SBSI - 3 More Stocks That Pay An Annual 'Special' Dividend
Southside Bancshares Inc.
In this article I write about three stocks that pay in effect an annual special dividend. A special dividend can substantially increase the dividend yield. But in most cases the special dividend is irregular and may occur once every few years. For example, Costco Corporation (COST) is well-known for paying a special dividend every few years. But Costco often trades at a premium to the broader market, and currently, Costco is trading at a premium to historical valuation multiples. I have also written about MSC Industrial Direct Co. (MSM), which