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Under the terms of the shareholder rights plan, Illumina will give out one preferred stock purchase right as a dividend on each share of its common stock.
In return the companies pay the Treasury a 10% dividend on those shares.
They have also given up their annual dividend on their individual stakes in the company.
The company most recently paid a 4-cent annual dividend on Nov. 30.
In the meantime, Treasury should lower the dividend on its bailout funds.
The bank cut its dividend on Monday and said profits fell sharply.
The group issued a special extra 4p dividend on the back of the numbers.
The gross proceeds (38.9p) will be paid out as a special dividend on 11th Jan.
Time Warner, the media company, raised its dividend on Wednesday and reported stronger results for the quarter and the year.
Moreover, the housing finance giants are saddled with a 10 percent dividend on any funds drawn from the Treasury.
"That said, President Obama is going to win, and we won't be getting a special dividend on Nov. 7".
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