Comdisco to pay dividend, rights distribution

New York, April 16 - Comdisco Holdings Co. Inc. said it will make an $11.50 per share dividend payment on its common stock and a $0.0781 cash payment per contingent distribution right.

In both cases, holders of record as of April 26 will receive the payments on May 6.

With the latest dividend, the present value of distributions to general unsecured creditors of Comdisco's bankruptcy estate will be $3.498 billion for a recovery of 96%.

Comdisco is a Rosemont, Ill., company formed to sell the assets of its predecessor Comdisco Inc. and distribute the proceeds.

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