Whole Foods to Pay Special Dividend in December (WFM)
By Shauna O'Brien
November 30th, 2012
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Organic supermarket chain, Whole Foods Market, Inc.(WFM) reported on Friday that they will pay a special dividend next month of $2.
The company reported that it will be paying a special dividend of $2 per share on December 21 to shareholders of record on December 10. The estimated cost of this dividend to the company will be $370 million.
WFM will also pay their regular dividend of 20 cents per share on January 29 to shareholders of record on January 10.
Co-founder and co-chief executive officer John Mackey commented, “today’s announcement of a $2.00 special dividend, payable prior to the end of the calendar year, provides us with another opportunity to return capital to our shareholders.”