Re: OMF declares special div
Diamond Hill, DHIL, does the same…regular dividends give it a 2-ish% yield, but then it pays out a large special dividend once a year. I buy a share or two whenever it’s down…can’t remember when they announce their special (I think it’s in the fall?). This is a mutual fund/investment management boutique.
Thanks for the heads-up on these names that pay out specials….I used to own VGR (Vector Group) because it paid out 5% stock dividends every year (in addition to a high dividend); also a couple of banks that did the same, but I think the pandemic ended that practice and I sold them.