Companies fearing the fiscal cliff
These companies may take a big financial hit if the country goes over the "fiscal cliff."
According to The Huffington Post, these companies may take some of the biggest financial hits if the country goes over the "fiscal cliff."
According to The Huffington Post, these companies may take some of the biggest financial hits if the country goes over the "fiscal cliff."
Walt Disney hiked its dividend payment to 25 percent in response to the fiscal cliff.
Walmart moved up its dividend from January 2013 to December 2012 to avoid the scheduled fiscal cliff dividend tax hike.
Verizon also wants the tax hike eliminated that would raise taxes on dividends.
Morgan Stanley has lobbied for the continuation of a tax exemption on foreign profits.
The Las Vegas Sands casino plans to issue a special dividend to shareholders worth $2.75 if the country goes over the fiscal cliff, according to InvestorPlace.
Goldman Sachs CEO Lloyd Blanfein called for cuts to Social Security in response to fiscal cliff.
Costco announced it would issue a special dividend worth $3 billion in response to expected dividend tax hikes.
Coca-Cola is another company pushing for the elimination of a tax hike planned on dividends.
AT&T also wants so see a solution on dividends before the U.S. goes over the fiscal cliff.
Brown-Forman Corp., the maker of Jack Daniels, says it will pay shareholders a special divided of $5 per share in response to the fiscal cliff.
AOL will pay a special dividend of $5.15 on Dec. 14, according to InvestorPlace.
Click here to read The Huffington Post article in full.
