Limited Brands will pay a special dividend of $ 3 per share

Limited Brands (LTD; NYSE) will pay a special dividend to its shareholders of $ 3 per share.The company will pay the special dividend Dec. 21 to shareholders of record at the close of business on December 7.Today, the stock price closed at $ 33.26, up 4.4% ..The good result of last year and a forecast of higher sales expectations have meant that management decides to pay this special dividend.