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IPSU ex-dividend on 12/20 (13%, special)

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Imperial Sugar will pay a special dividend of $2.500 on Jan 3rd to holders as of Thursday, December 20. That’s 12.9% of the share price of $19.450. Like many commodities, Sugar seems to be a good business those days, with gross margins above 15% for the second year in a row. The company already paid a $3 special dividend one year ago. Watch out for the downward trend here ( Stock trades 18% below its 50 days moving average and 28% below its 200 days moving average).

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This entry was posted on Monday, December 10th, 2007 at 2:58 am and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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