C Corporations don't pay capital gains and dividend taxes. Their investors do. Unless this announcement has a positive effect on HP's stock, there are no additi

C Corporations don't pay capital gains and dividend taxes. Their investors do. Unless this announcement has a positive effect on HP's stock, there are no additional gains or dividends to be had ahead of the tax rates going up. For a real example of corporate maneuvers around the 'fiscal cliff', see Wal-Mart, which is moving up its dividend to help its investors avoid a potentially higher rate: http://www.reuters.com/article/2012/11/19/walmart-dividend-idUSL4N08Z3CB20121119 http://www.reuters.com/article/2012/11/19/walmart-dividend-i...