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.
Pro-Fac Cooperative (PFACP) to Reduce Future Dividends
More News related to PFACP
- Pro-Fac Announces First Fiscal Quarter 2010 Results
- Pro-Fac Announces Dividend and Posts Annual Report on Web Site
- Pro-Fac Cooperative (PFACP) Approves $0.20 Per Share Dividend
- Pro-Fac Cooperative (PFACP) to Reduce Future Dividends
- A Look at Yesterday's Momentum Movers: PFACP, BT, PARL, FONR, LNN, JOSB & LTM
More News related to Dividends
- Elmira Savings Bank (ESBK) Declares $0.20 Quarterly Dividend; 5% Yield
- Ship Finance (SFL) Declares $0.30 Quarterly Dividend; 8.9% Yield
- Shamir Optical (SHMR) Declares $0.609 Dividend; 7.3% Yield
- Frontline (FRO) Declares $0.15 Quarterly Dividend; 2.2% Yield
Pro-Fac Cooperative, Inc. (Nasdaq: PFACP), an agricultural cooperative, today announced a $0.43 per share dividend, payable April 30, 2009, to shareholders of record of its Class A cumulative preferred stock at the close of business on April 15, 2009.
The Cooperative also announced that future quarterly dividends, beginning with the July 31, 2009 dividend, if declared by its Board of Directors, are expected to be at the rate of $0.20 per share. The lower $0.20 rate is expected to continue indefinitely and will preserve approximately $1.2 million in cash for Pro-Fac on an annual basis.
"The Pro-Fac Board understands the importance of conserving operating funds in order to maintain a viable enterprise," said General Manager and CEO Stephen R. Wright. "A quarterly dividend of $0.20 per share represents an annual yield of over 3%, which is still very competitive in today's market."[SM]
Related Categories
DividendsStocks Mentioned
-0.07Related 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!
