MBIA (MBI) Declares $8.00 Special Dividend; 108.4% Yield
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MBIA (MBI) surges 50% on $8/share extraordinary cash dividend
December 7, 2023 4:47 PM ESTMBIA (NYSE: MBI) gains 47% after-hours after declaring an extraordinary cash dividend on MBIA common stock of $8.00 per share to shareholders of record as of December 18 to be paid on December 22, which totals approximately $409 million.
shares of MBI closed at $7.38 todaythe yield represents 108.4%.... MoreMBIA (MBI) Declares Extraordinary Cash Dividend on MBIA Inc. Common Stock and Dividends from National Public Finance Guarantee Corporation
December 7, 2023 4:39 PM ESTMBIA Inc. (NYSE: MBI) today announced that its Board of Directors declared an extraordinary cash dividend on MBIA common stock of $8.00 per share to shareholders of record as of December 18 to be paid on December 22, which totals approximately $409 million, based on 51.1 million shares outstanding. The information is also available in the Current Report on Form 8-K dated December 7, 2023 available at... More
