optionsXpress Moves Higher Again (OXPS)

Shares of optionsXpress OXPS has been moving straight up since the company announced a special $4.50 per share dividend on November 29th. The trajectory is amazing, as OXPS has gapped up aggressively nearly every single day. During today's trading session, the stock has jumped another 4.58% to $20.99. Volume has been heavy once again with more than 1.18 million OXPS shares already trading hands compared to a daily average of around 665,000. The record date to receive the dividend is on December 13th and the dividend will be paid on December 27th. Since this is a special dividend, investors who wish to receive the payment will have to be shareholders of record on December 13th and hold their shares through December 27th. The stock will trade ex-dividend on December 28th.
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