Summary
Interactive Brokers Group, Inc. (IBKR) announced a significant event on December 10, 2012, via an 8-K filing, reporting the declaration of a special cash dividend of $1.00 per share. This dividend, totaling approximately $409 million, is expected to be paid from the company's existing cash reserves, underscoring a strong cash position at the time. Shareholders of record as of December 21, 2012, will receive this dividend on December 28, 2012.
Key Highlights
- 1Interactive Brokers Group (IBKR) declared a special cash dividend of $1.00 per share.
- 2The total aggregate payout for this dividend is approximately $409 million.
- 3The dividend is payable to shareholders of record on December 21, 2012.
- 4The special dividend is expected to be paid out on December 28, 2012.
- 5The company intends to fund the dividend from its existing cash on hand, indicating strong liquidity.
- 6This announcement was made through a press release filed as an exhibit to the 8-K report.