Majesco Entertainment (COOL) Declares $0.33 Special Dividend; 32.4% Yield

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Majesco Entertainment Announces Special Dividend

January 6, 2016 6:30 AM EST

SOUTH PLAINFIELD, NJ -- (Marketwired) -- 01/06/16 -- Majesco Entertainment Company (NASDAQ: COOL) (the "Company"), an innovative provider of downloadable games for the mass market, announced today that its Board of Directors has authorized a special dividend of approximately $0.33 per common share (including common share equivalents) in cash, payable on January 15, 2016 to shareholders of record as of January 14, 2016.

Barry Honig, Co-Chairman and Chief Executive Officer, commented: "This special dividend is another step in returning value to shareholders. We will continue to explore options for delivering value with our low... More