insane dividends

[wzebra33]

Dec 06, 2012 (BUSINESS WIRE) -- The Marcus Corporation MCS +3.26% today announced that its Board of Directors has declared a special cash dividend of $1.00 per common share and has accelerated the next two regular quarterly cash dividend payments totaling $0.17 per common share. The dividends are payable on December 28, 2012 to shareholders of record on December 17, 2012.

"The special cash dividend reflects our continuing commitment to enhancing shareholder value," said Stephen H. Marcus, chairman of The Marcus Corporation. "Due to potential changes in the tax law in 2013, we have also accelerated the quarterly cash dividends that would typically have been paid in February and May of 2013. We plan on returning to our regular quarterly dividend payment schedule beginning in August 2013."

The Board of Directors also declared a dividend of $0.90909 per Class B common share and accelerated the next two quarterly dividend payments totaling $0.15454 per Class B common share. The dividends on the Class B common stock, which is not publicly traded, will also be paid December 28, 2012 to shareholders of record on December 17, 2012.

The Marcus Corporation had 19,950,930 common and 8,777,714 Class B common shares outstanding as of September 28, 2012.