Molex could issue $3 per share special dividend, says RBC Capital RBC Capital believes that Molex may issue a special dividend if dividend taxes are certain to increase to 39%. The firm believes the special dividend may be $3 per share, but it maintains a Sector Perform rating on the stock.
News For MOLX From The Last 14 Days
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Molex receives all control clearances for merger with Koch Industries Molex announced that it has received all required merger control clearances with respect to its previously announced merger agreement to be acquired by Koch Industries. The parties now expect the transaction to close on or about December 9, following the satisfaction of customary closing conditions.