OMAHA, Neb.--(BUSINESS WIRE)--TD Ameritrade Holding Corporation (NYSE: AMTD) today announced that its board of directors has declared a one-time, special cash dividend of $0.50 per share. The dividend will be distributed on Dec. 31, 2012 to shareholders of record as of Dec. 21, 2012.
“TD Ameritrade is fortunate to have a unique business model and a strong, stable financial position that gives us a great deal of flexibility in determining how and when we return or deploy capital for the benefit of our shareholders,” said Fred Tomczyk, president and chief executive officer of TD Ameritrade. “After increasing our quarterly dividend by 50 percent for fiscal 2013, we have determined that an additional, one-time dividend is another good strategic and financial use of our capital at this time.”
More financial news and information, as well as information about upcoming financial events and presentations, can be found on the Company’s corporate Web site, www.amtd.com. You can also follow the Company on Twitter, @TDAmeritradePR.
About TD Ameritrade Holding Corporation
Millions of investors and independent registered investment advisors (RIAs) have turned to TD Ameritrade’s (NYSE: AMTD) technology, people and education to help make investing and trading easier to understand and do. Online or over the phone. In a branch or with an independent RIA. First-timer or sophisticated trader. Our clients want to take control, and we help them decide how - bringing Wall Street to Main Street for more than 36 years. TD Ameritrade has time and again been recognized as a leader in investment services. Please visit TD Ameritrade’s newsroom or www.amtd.com for more information.
This document contains forward-looking statements within the meaning of the federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions of the federal securities laws. In particular, any projections regarding our future revenues, expenses, earnings, capital expenditures, effective tax rates, client trading activity, accounts or stock price, as well as the assumptions on which such expectations are based, are forward-looking statements. These statements reflect only our current expectations and are not guarantees of future performance or results. These statements involve risks, uncertainties and assumptions that could cause actual results or performance to differ materially from those contained in the forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to: general economic and political conditions and other securities industry risks, fluctuations in interest rates, stock market fluctuations and changes in client trading activity, credit risk with clients and counterparties, increased competition, systems failures, delays and capacity constraints, network security risks, liquidity risks, new laws and regulations affecting our business, regulatory and legal matters and uncertainties and other risk factors described in our latest Annual Report on Form 10-K, filed with the SEC on Nov. 26, 2012. These forward-looking statements speak only as of the date on which the statements were made. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by the federal securities laws.