So I was just skimming through the business section at work and noticed a piece on companies paying special dividends at the end of the year.
Well, I noticed Tellabs (TLAB) was one of the companies participating. They are offering a $1.00 dividend for shareholders as of December 14. The company is currently selling at 3.37. If I bought 300 shares, and held through the 14th, would I receive $300? It almost seems to easy. I have to be missing something.
Here is a link explaining the dividend... LINK