Special one-time dividend
💰 CapitalA large non-recurring cash payment is declared outside the regular dividend.
Typical size
1-5%
Timeframe
Announcement pop; price adjusts on the ex-date
Evidence
1 logged event
Why it moves the price
Returns excess cash directly and signals the balance sheet holds more than the business needs — without committing to a higher recurring payout.
What separates a good call from a naive one
The stock mechanically drops by roughly the dividend on the ex-date, so the real gain is only the announcement premium. Companies that repeat special dividends get less reaction each time.
Measured impact
Every logged event is measured against real closing prices: the move from the close before the event, compared with the S&P 500 over the same window.
Next day
+0.40%
- Median
- +0.40%
- Moved up
- 100% of 1
- vs S&P 500
- +0.95%
After 1 week
+0.90%
- Median
- +0.90%
- Moved up
- 100% of 1
- vs S&P 500
- -1.20%
After 1 month
+5.97%
- Median
- +5.97%
- Moved up
- 100% of 1
- vs S&P 500
- +0.99%
No measured verdict yet — 1 event logged. Three or more are needed before the data says anything useful.
The evidence (1)
Every row is a real event, measured against actual closing prices.
| Date | Stock | What happened | Next day | 1 week | 1 month | vs S&P |
|---|---|---|---|---|---|---|
| Jan 17, 2024 | COST | $15 per share special dividend declared | +0.40% | +0.90% | +5.97% | +0.95% |
Measured from historical closing prices. Past reactions do not guarantee future ones. Not financial advice.