A link from Wall Street Journal
With tax breaks for dividends set to rise when the fiscal cliff is reached on Jan 1. a number of companies are scheduling special dividend payments before the deadline. The Wynn Resort group offered investors at $750 million payout—a move that could save chief executive Steve Wynn $25 million in taxes. Two other companies, hospital managers HCA Holdings and chemical producer LyondellBasel Industries NV, have issued billion dollar plus payouts, and analysts expect more companies to follow suit. That means investors are on the hunt for equity in companies they suspect will offer similar cash grabs, like MasterCard and Williams-Sonoma.