As a dividend investor, I’m obviously very concerned about the fiscal cliff and the impact it might have on taxes, especially taxes on dividends and capital gains. It could end up giving companies less incentives to pay back their shareholders through dividends. Some of them are trying to act before that happens and announcing special one time dividends. Giant retailer Costco for example was quick to announce a special $7 dividend. To give you an idea, Costco (COST) has recently been paying $0.275 per share every quarter. To say that there was a major jump would be an understatement.