Dividends
Provided by: Pokerlistings.com
Dividends and Poker
When playing poker you receive rakeback from the poker
rooms. Meaning part of the poker room earnings go back to the players. Rakeback is a dividend from the poker room to the
player as a loyalty bonus for playing with them.
J. Alexander's (JAX) Suspends Annual Dividend
More News related to JAX
- J. Alexander's Corporation Reports Results for Third Quarter and First Nine Months of 2009 Fiscal Year
- J. Alexander's (JAX) Suspends Annual Dividend
- J. Alexander's (JAX) to List on Nasdaq Under 'JAX'
- J. Alexander's (JAX) Reports Q1 Earnings
- J. Alexander's (JAX) Reports Q4 Earnings, CEO Comments
More News related to Dividends
- S&P Announces Change to US Index: LL for UCBH
- Electronic Arts (ERTS) Makes Major Job Cuts As Q2 Profits Lag
- Kraft (KFT) to Ask Holders to Vote to Issue New Shares
- Sprint Nextel (S) Aims to Reduce Labor Costs by $350M in Q409
- Highlights From DISH's Q3 Conference Call - Q&A Session
J. Alexander's Corporation (NASDAQ: JAX) has determined that the Company will not pay an annual cash dividend.
Lonnie J. Stout II, Chairman, President and Chief Executive Officer, commented on the dividend decision. "Given the current economic environment, we felt it was prudent to conserve capital and maintain our financial flexibility."
The absence of a dividend payment at this time will have the effect of allowing the previously disclosed Amended and Restated Standstill Agreement between the Company and Solidus Company, L.P. to expire at the close of business on January 15, 2009.
J. Alexander's Corporation operates 33 J. Alexander's restaurants in Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Michigan, Ohio, Tennessee and Texas. [SM]
Related Categories
DividendsStocks Mentioned
-0.06Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
