Booz Allen (BAH) Adjusts Record Date on $6.50/Share Special Dividend
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Booz Allen Hamilton Holding Corporation (NYSE: BAH) announced on August 1, 2012 that its Board of Directors had authorized and declared a regular cash dividend in the amount of $0.09 per share and a special cash dividend in the amount of $6.50 per share, both payable on August 31, 2012. The record date for the regular cash dividend remains August 14, 2012 as previously announced. The Company is changing the record date for its previously announced special cash dividend from August 13, 2012 to August 15, 2012.
The Company has been informed by the New York Stock Exchange that, in accordance with its rules, the ex-dividend date for the special dividend is expected to be September 4, 2012, as shares of the Company stock will trade with “due-bills” beginning two business days prior to the special cash dividend record date through the payment date. Accordingly, stockholders who sell their shares on or before the payment date will not be entitled to receive the special cash dividend.
The ex-dividend date for the regular quarterly dividend is expected to be August 10, 2012.
The Company has been informed by the New York Stock Exchange that, in accordance with its rules, the ex-dividend date for the special dividend is expected to be September 4, 2012, as shares of the Company stock will trade with “due-bills” beginning two business days prior to the special cash dividend record date through the payment date. Accordingly, stockholders who sell their shares on or before the payment date will not be entitled to receive the special cash dividend.
The ex-dividend date for the regular quarterly dividend is expected to be August 10, 2012.
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