Dividends
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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.
Consolidated-Tomoka Land (CTO) Cuts Qtr. Dividend by 50% to $0.05, Yielding 0.54%
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- Consolidated-Tomoka Land (CTO) Cuts Qtr. Dividend by 50% to $0.05, Yielding 0.54%
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Consolidated-Tomoka Land Co. (Amex: CTO) today approved a 50% reduction in its quarterly dividend from $0.10 to $0.05 per common share, payable on August 26, 2009, to shareholders of record on August 6, 2009.
The dividend yield falls from 1.08% to 0.54%.
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