KBW, a full-service investment bank that specializes in the financial services sector, today announced that its Board of Directors has declared a special dividend of $1.00 per share of its outstanding common stock, payable on December 27, 2010 to shareholders of record as of the close of business on December 17, 2010. The special dividend, payable in cash, is expected to equal approximately $36 million in the aggregate.
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