Incremental Dividend

There was already a dividend declared: 12 cents a share, paid quarterly, or 48 cents a year on this $20 stock. But then the company had a windfall year, selling snow to Inuits (really good sales team).

So, on that windfall, the company decided to distribute an additional one-time dividend of 20 cents a share on top of the 12 cents that came in Q4. That 20 cents was incremental to the 48 cents a year paid on the company's dividends normally.

'Snow kidding.

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