Comdisco declares cash dividend of $12 per share

Chicago, Nov. 20 - Comdisco Holding Company Inc. has declared a cash dividend of $12 per share on the outstanding shares of its common stock, payable on Dec. 11 to common stockholders on Dec. 1. Comdisco has 4.2 million shares of common stock outstanding.

Comdisco will make a cash payment of $0.0514 per right on the contingent distribution rights, payable on Dec. 11, to contingent distribution rights holders of record on Dec.1, and it has 152.3 million contingent distribution rights outstanding.

After the dividend payments, the value of distributions to general unsecured creditors in the bankruptcy estate of Comdisco Inc. is $3.449 billion and the percentage recovery is 95%.

After the quarterly distribution on Nov. 14, the remaining disputed claims of Comdisco were $290 million.

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