Stock surges 61% after company declares $8 per share dividend
- MBIA shares rise 61% after company declares special dividend
- Stock trading at $11.92 after hours
- Special dividend of $8 per share
- Dividend to be paid on Dec. 22 to shareholders of record as of Dec. 18
Shares of MBIA surged 61% after the company announced a special dividend of $8 per share. The stock traded at $11.92 after hours, following a gain of less than 1% during the regular session. The special dividend will be paid on December 22nd to shareholders of record as of December 18th.
Factuality Level: 8
Factuality Justification: The article provides factual information about MBIA declaring a special dividend of $8 per share and the increase in stock price after the announcement. The information about the dividend payment date and record date is also provided. There are no digressions, misleading information, sensationalism, redundancy, or opinion masquerading as fact in the article.
Noise Level: 3
Noise Justification: The article provides straightforward information about MBIA declaring a special dividend of $8 per share. It includes details about the stock price increase after hours and the upcoming payment date. However, it lacks analysis, evidence, or insights beyond the basic facts.
Financial Relevance: Yes
Financial Markets Impacted: MBIA
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to financial topics as it discusses the declaration of a special dividend by MBIA. There is no mention of an extreme event in the article.
Public Companies: MBIA (MBI)
Key People:
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