Espey Manufacturing & Electronics (ESP) has announced a $1 special dividend with an ex-dividend date of December 10th.
The power electronics design and original equipment manufacturing company will pay a $1 special dividend on top of it's regular quarterly dividend of $0.25 per share.
The current dividend yield on the regular dividend is 3.1% at the current stock price of $32.44.
Espey has paid significant special dividends every year since 2008, as listed below.
2012: $1,25
2011: $1,225
2010: $1,225
2009: $1,225
2008: $1,725