Rocket Cos. to Pay Special Dividend of $1.11 per Share
February 25 2021 - 06:18PM
Dow Jones News
By Stephen Nakrosis
Rocket Cos. Inc. on Thursday said its board declared a special
dividend of $1.11 per share for holders of the company's Class A
common stock.
The special dividend will be payable to holders of record at the
close of March 9, the company said.
"During the year, we achieved significant growth and generated
capital at a rate where we were able to fully re-invest in our
business and have excess funds available to distribute to our
shareholders," the company said, adding, "We will fund the special
dividend from cash distributions of approximately $2.2
billion."
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
February 25, 2021 18:03 ET (23:03 GMT)
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