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$4.00 special dividend
White River Capital, Inc. Declares One-Time Special Cash Dividend
RANCHO SANTA FE, Calif., Nov 28, 2011 (BUSINESS WIRE) -- White River Capital, Inc. RVR +0.56% ("White River"), announced that its Board of Directors has declared a one-time special cash dividend of $4.00 per share on its common stock to be paid December 22, 2011 to shareholders of record on December 8, 2011. The aggregate amount of the payment to be made in connection with the special, one-time dividend will be approximately $14.1 million. This one-time special cash dividend will be funded by the excess availability on the line of credit of White River's subsidiary, Coastal Credit LLC.
"White River's declaration of a one-time special cash dividend for a second year reflects our continued commitment to maximizing shareholder value," said John Eggemeyer, chief executive officer of White River. "Given the very strong capitalization of White River, we have the resources to provide our shareholders with a significant special dividend and to retain capital to continue to grow the company."
Shanda Games to pay special dividend; shares up»
Mon Nov 28, 2011 10:10am EST
* To pay $0.51 per class A and class B shares
* To pay $1.02 per ADS
Nov 28 (Reuters) - Chinese online games company Shanda Games Ltd announced a special cash dividend for shareholders, sending its shares up 11 percent.
The company said it will pay a one-time dividend of 51 cents a share, or $1.02 per American Depositary Share (ADS), aggregating to a total of $285 million.
It had cash and equivalents of around $583.9 million at the end of September.
Shanda Games, which is indirectly owned by soon-to-be-taken-private Shanda Interactive, will pay the one-time dividend to shareholders of record on December 20.
The company's Nasdaq-listed ADSs, which have lost almost 40 percent in value this year, were up 11 percent at $4.44 in early trade on Nasdaq.
Special dividends are just that "special" the paying company is getting cash back to the stock holders one time. Sometimes it`s a large payout .
Don`t count on a company doing it every year or at the same time or year.
Just keep watching the PR`s
I sure hope that larry does not sign a deal with a non disclosure agreement and keep us in the dark until the stuff is ready to go to market.Sometimes the big company`s want to keep secrets as long as then can.
We want an update on cash on hand and paperwork !
$4.50 Nov. 25, 2011 /PRNewswire/ — LyondellBasell (LYB) today announced that its Management Board has declared a special dividend of $4.50 per share payable on Dec. 16, 2011 to shareholders of record on Nov. 25, 2011.
The Management Board also declared an interim dividend of $0.25 per share payable on Dec. 16, 2011 to shareholders of record on Nov. 25, 2011.
The company announced on Nov. 14, 2011 that its Supervisory Board had authorized the Management Board to declare these dividends.
LyondellBasell (LYB) is one of the world’s largest plastics, chemical and refining companies. The company manufactures products at 58 sites in 18 countries. LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive parts, home furnishings, construction materials and biofuels. More information about LyondellBasell can be found at www.lyondellbasell.com.
Farmers & Merchants Bank of Long Beach Declares Fourth-Quarter Cash Dividend of $21 Per Share, Special Dividend of $25
LONG BEACH, Calif., Nov 23, 2011 (BUSINESS WIRE) -- Farmers & Merchants Bank of Long Beach /quotes/zigman/226660 FMBL -1.15% today announced that its board of directors has declared a regular quarterly cash dividend of $21 per share and a special dividend of $25 per share on the Bank's common stock. Both dividends are payable on December 15, 2011 to shareholders of record as of December 1, 2011.
Farmers & Merchants Bank of Long Beach Declares Fourth-Quarter Cash Dividend of $21 Per Share, Special Dividend of $25
LONG BEACH, Calif., Nov 23, 2011 (BUSINESS WIRE) -- Farmers & Merchants Bank of Long Beach /quotes/zigman/226660 FMBL -1.15% today announced that its board of directors has declared a regular quarterly cash dividend of $21 per share and a special dividend of $25 per share on the Bank's common stock. Both dividends are payable on December 15, 2011 to shareholders of record as of December 1, 2011.
I think they should take 20% of the profit and buy back shares,get the float down and we all well see gains.
Bolt Technology Announces Special Dividend
NORWALK, Conn., Nov 22, 2011 (GlobeNewswire via COMTEX) -- Bolt Technology Corporation BOLT +6.28% today announced that its Board of Directors has declared a special cash dividend in the amount of $1.00 per share to be paid on December 20, 2011 to shareholders of record on December 6, 2011.
Commenting on the dividend, Raymond M. Soto, Chairman, President and CEO, said, "The special dividend reflects the Company's profitability during the last several years and enforces our commitment to delivering shareholder value. The Company has a strong balance sheet which included over $31 million in cash at September 30, 2011. The special dividend payment of approximately $8.6 million should not impair our ability to pursue our corporate strategies, including the repurchase of our stock and future acquisitions. In addition to declaring the special dividend, the Board is also considering the institution of a regular quarterly dividend based on, among other things, future operating profitability."
Espey Declares Special Cash Dividend of $1.00 per Share and Regular Cash Dividend of $0.225 per Share
SARATOGA SPRINGS, NY, Nov 21, 2011 (MARKETWIRE via COMTEX) -- The Board of Directors of Espey Mfg. & Electronics Corp. (nyse amex:ESP) has declared a special cash dividend of $1.00 per share. This special dividend is in addition to a regular quarterly dividend of $0.225 of common stock per share. The dividends will be payable on December 22, 2011 to all shareholders of record on December 2, 2011.
Espey's primary business is the development, design, and production of specialized military and industrial power supplies/electronic equipment. The Company's web site can be found on the Internet at www.espey.com .
Got another one today
Robbins Geller Rudman $ Dowd LLP filed in tennessee
there fishing for a lead plaintiff by dec 17th
PEORIA, Ill., Nov 17, 2011 (BUSINESS WIRE) -- RLI Corp. RLI +0.35% -- The RLI Corp. board of directors has declared an extraordinary cash dividend of $5.00 per share of common stock, which is expected to total approximately $105 million, and a regular quarterly cash dividend of $0.30 per share. Both dividends are payable on December 20, 2011 to shareholders of record as of November 30, 2011.
PEORIA, Ill., Nov 17, 2011 (BUSINESS WIRE) -- RLI Corp. RLI +0.35% -- The RLI Corp. board of directors has declared an extraordinary cash dividend of $5.00 per share of common stock, which is expected to total approximately $105 million, and a regular quarterly cash dividend of $0.30 per share. Both dividends are payable on December 20, 2011 to shareholders of record as of November 30, 2011.
Special Cash Dividend of $1.50 Per Share
GREENWICH, Conn., Nov. 17, 2011 /PRNewswire/ -- Blyth, Inc. (NYSE: BTH), a leading multi-channel designer and marketer of home fragrance and home decor, as well as health and wellness products, today announced that its Board of Directors has declared a special cash dividend of $1.50 per share on the Company's common stock, for a total dividend payment of approximately $12.5 million. The special dividend will be payable to shareholders of record as of December 1, 2011 and will be paid on December 15, 2011.
The special dividend declared today is in addition to regular semi-annual dividends declared and paid during the fiscal year ending January 31, 2012 totaling $0.20 per share on the Company's common stock. Accordingly, inclusive of the special dividend announced today, the Company will declare and pay dividends of $1.70 per share, or $14.2 million, in fiscal year 2012.
Robert B. Goergen, Blyth's Chairman of the Board and Chief Executive Officer, commented, "We take a conservative approach to our regular dividend payments given the seasonal nature of our business in spite of our strong cash position. We have now examined our dividend payment based on Blyth's operating performance and general economic conditions. The Board of Directors believes dividends represent an important element in support of our goal to deliver long-term returns to our shareholders."
Blyth, Inc., headquartered in Greenwich, CT, USA, is a multi-channel company primarily focused on direct selling. We design and market home fragrance products and decorative accessories, as well as weight management products, nutritional supplements and energy drink mixes. These products are sold through the home party plan method of direct selling and through network marketing, respectively. The Company also designs and markets household convenience items and personalized gifts through the catalog/internet channel, as well as tabletop lighting and chafing fuel for the foodservice trade. The Company manufactures most of its candles and chafing fuel and sources nearly all of its other products. In North America, its products are sold direct to the consumer under the PartyLite®, Two Sisters Gourmet® by PartyLite and ViSalus Sciences® brands, to consumers in the catalog/Internet channel under the As We Change®, Easy Comforts®, Miles Kimball®, Exposures® and Walter Drake®, and to the Foodservice industry under the Sterno®, Ambria® and HandyFuel® brands. In Europe, Blyth's products are also sold under the PartyLite brand.
Blyth, Inc. may be found on the Internet at www.blyth.com.
I stated it would not trade on the grays long,the pain is over and AURC is dead and buried.
Don`t forget that 1 million will be on the books this spring.
China Distance Education Holdings Ltd. (DL) Declares $0.48 Specal dividend
Dividend; 18.6% Yield
November 16, 2011 4:31 PM EST
China Distance Education Holdings Ltd. (NYSE: DL) declared a special dividend of $0.48 per share, or $0.48 annualized.
The dividend will be payable on December 25, 2011, to stockholders of record on December 15, 2011, with an ex-dividend date of December 13, 2011.
The annual yield on the dividend is 18.6 percent.
Well the expenses are as lean as can be and money is going in the bank from the sale so we wait for another deal (IMO)
The insiders are sitting on stock instead of dumping.
The I-hub flippers are stuck now until news breaks."Being shot out of a cannon will always be better than being squeezed out of a tube"
Just stay tuned.
Werner Enterprises Announces Quarterly and Special Dividends
OMAHA, Neb.--(BUSINESS WIRE)--Nov. 15, 2011-- Werner Enterprises, Inc. (NASDAQ: WERN), one of the nation’s largest transportation and logistics companies, announced today that its Board of Directors declared a regular quarterly cash dividend of $.050 (5.0 cents) per common share payable to stockholders of record at the close of business on January 9, 2012. This dividend will be paid on January 24, 2012.
Werner Enterprises is currently in its twenty-fifth year of paying quarterly cash dividends on its common stock to its stockholders. The first quarterly cash dividend was paid by Werner Enterprises in July 1987.
Werner also announced that its Board of Directors declared a special cash dividend of $0.50 (50.0 cents) per common share payable to stockholders of record at the close of business on November 30, 2011. This dividend will be paid on December 15, 2011. As a result of the special dividend, a total of approximately $36 million will be paid on Werner’s 72.8 million common shares outstanding. No portion of the $0.50 special dividend is considered to be a return of capital. Werner also paid special cash dividends of $1.60 per common share in December 2010, $1.25 per common share in December 2009, and $2.10 per common share in December 2008.
This is the fourth consecutive year that Werner will pay a special dividend to shareholders as a way to further enhance shareholder return. It is Werner’s intention to continue to expand its profits in the future by keeping its fleet count flat for the near term and increasing its operating margin percentage with improved rates, high utilization and a lean cost structure. Werner also intends to accelerate growth of its non-asset-based logistics services of brokerage, freight management, intermodal and global freight forwarding to create a planned balanced portfolio of revenues comprised of one-way truckload, dedicated and logistics.
Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico, China and Australia. Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated; medium-to-long-haul, regional and local van; expedited; temperature-controlled; and flatbed services. Werner's Value Added Services portfolio includes freight management, truck brokerage, intermodal, and international services. International services are provided through Werner’s domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage.
Werner Enterprises, Inc.’s common stock trades on the NASDAQ Global Select MarketSM under the symbol “WERN”. For further information about Werner, visit the company’s website at www.werner.com.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements are based on information presently available to Werner’s management and are current only as of the date made. Actual results could also differ materially from those anticipated as a result of a number of factors, including, but not limited to, those discussed in Werner’s Annual Report on Form 10-K for the year ended December 31, 2010. For those reasons, undue reliance should not be placed on any forward-looking statement. Werner assumes no duty or obligation to update or revise any forward-looking statement, although it may do so from time to time as management believes is warranted or as may be required by applicable securities law. Any such updates or revisions may be made by filing reports with the U.S. Securities and Exchange Commission, through the issuance of press releases or by other methods of public disclosure.
Source: Werner Enterprises, Inc.
Werner Enterprises, Inc.
John J. Steele, 402-894-3036
Executive Vice President, Treasurer and
Chief Financial Officer
"We shareholders were getting spoiled around here the past 9 months or so with almost weekly or semi-weekly news releases on drilling results and interviews by various folks with CEO Larry."
You got that right and it`s not sustainable until production starts in a couple of years.Just buy on the dips and sell some when the chart is overbought.
Got a letter today from Kessler Topaz Meltzer & Check LLP wanting me to sign-up for a suit filed in tennessee. No worry`s I will start my fire tonight with the paper they sent.
Nov. 14, 2011, 8:12 a.m. EST
LyondellBasell paying special $4.50/share dividend
NEW YORK (MarketWatch) -- LyondellBasell Industries N.V. LYB +0.33% said on Monday that its board has authorized a special dividend of $4.50 per share to be paid on Dec. 16, 2011 to shareholders of record as of Nov. 25, 2011." The special dividend of approximately $2.6 billion will return value to shareholders and will be financed using a combination of existing cash and proceeds from a recent debt financing," the firm said in a press release.
Date: Wednesday, November 9, 2011, 5:04pm EST
Bethesda-based software maker Opnet Technologies Inc. reports record revenue for its 2012 fiscal second quarter, and the company announced a one-time special dividend for shareholders.
The company, whose software helps customers manage networks, had fiscal second-quarter revenue of $41.9 million, compared with revenue of $36.1 million in the same quarter a year earlier. Net income was $4.8 million, or 21 cents per share, compared with net income of $2.9 million, or 13 cents per share.
Opnet forecasts fiscal second-quarter revenue of as much as $49 million and per-share earnings of as much as 32 cents.
Opnet’s board declared a one-time cash dividend of 85 cents per share to be paid on Dec. 15 to shareholders of record as of Dec. 1. It also declared a regularly quarterly dividend of 12 cents per share.
Nov. 10, 2011, 4:01 p.m. EST
Evolving Systems Declares Special Dividend of $2.00 per Share
ENGLEWOOD, CO, Nov 10, 2011 (MARKETWIRE via COMTEX) -- Evolving Systems, Inc. EVOL +5.95% , a leading provider of software solutions and services to the wireless, wireline and IP carrier market, today announced it will distribute approximately $22.0 million in cash to stockholders in the form of a $2.00 per share one-time special dividend payable on January 3, 2012 to stockholders of record as of December 12, 2011.
"The Evolving Systems Board has carefully reviewed our capital structure and believes that payment of a special dividend is in the best interests of all Evolving Systems' stockholders," said Thad Dupper, Chairman and CEO. "Over the past several years we have strengthened our balance sheet and built substantial cash reserves through a combination of solid, consistent earnings as well as the recent sale of our Numbering business. Accordingly, we have decided to distribute a portion of those reserves to stockholders while retaining a substantial balance of cash and liquid investments that is sufficient to support growth initiatives and maintain a healthy balance sheet."
As of September 30, 2011, Evolving Systems had cash and cash equivalents combined with long-term investments in marketable debt securities that totaled $50.3 million.
About Evolving Systems(R) Evolving Systems, Inc. EVOL +5.95% is a provider of software and services to 50 network operators in over 40 countries worldwide. The Company's product portfolio includes market-leading activation products that address subscriber service activation, SIM card activation, mobile broadband activation as well as the activation of connected devices. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United Kingdom, India and Malaysia. Further information is available on the web at www.evolving.com .
A bombshell
Regulation FD Disclosure.
"The Company currently intends to allow its letters of intent to acquire Kansas City Sausage Company, LLC and Pine Ridge Farms, LLC terminate pursuant to their respective terms on December 1, 2011. Accordingly, the Company’s projections relating to 2012 should no longer be relied upon.
"
[Suppressed Sound Link]
Very nice report (IMO)
Press release
Nov. 9, 2011, 4:05 p.m. EST
OPNET Announces Special Dividend Set at $0.85 Per Share
BETHESDA, Md., Nov 9, 2011 (GlobeNewswire via COMTEX) -- OPNET Technologies, Inc. OPNT -9.61% , a leading provider of solutions for application and network performance management, today announced that its Board of Directors has approved a one-time special dividend in the amount of $0.85 per share, which will be paid on December 15, 2011 to stockholders of record at the close of business on December 1, 2011.
Marc A. Cohen, OPNET's Chairman and CEO, stated, "The decision to pay a special dividend reflects our history of generating cash from operations, our strong balance sheet, and our confidence in our long-term growth prospects. This payout will not affect our long-standing commitment to invest in innovation, and is not expected to alter our previously announced plan to issue a quarterly dividend."
The declaration of cash dividends in the future, as well as the amount of any such dividend, is subject to final determination each quarter by the Board of Directors based on a number of factors, including the Company's future financial performance and its available cash resources, its cash requirements, and its requirements for alternative uses of cash.
About OPNET Technologies, Inc.
Founded in 1986, OPNET Technologies, Inc. OPNT -9.61% is a leading provider of solutions for application and network performance management. For more information about OPNET and its products, visit www.opnet.com .
OPNET and OPNET Technologies, Inc. are trademarks of OPNET Technologies, Inc. All other trademarks are the property of their respective owners.
Unfortunately the stock is only worth what someone is willing to pay for it.
We need some promotion to get people interested in the value of SRRL
http://biz.yahoo.com/e/111108/ambt10-q.html
It`s looks like they are shutting down the share printing press for the future unless some unforeseen event takes place.
This could be time to add some (IMO)
NEW YORK — Dish Network Corp. posted another loss of subscribers from its slowly dwindling satellite-TV business, even as larger competitor DirecTV adds to its base.
Investors, however, were cheered by the announcement of a $2 per share special dividend.
Dish shares rose $1.18, or 5 percent, to close at $24.66 Monday after rising as high as $25.15 earlier. The stock price reflects a calculation by investors that the dividend didn't quite make up for the results, which missed analyst expectations.
Dish declared a similar $2 per share special dividend in 2009. It doesn't pay a regular dividend.
Driving the decision to pay out a dividend, said chairman Charles Ergen, was speculation that taxes on dividends will increase.
"We'd looked at some other investments and acquisitions and weren't able to do those, so you put all those things together and a non-recurring dividend made some sense," Ergen said.
Dish's subscriber losses translated into higher net income for the quarter, as it avoided the short-term cost of getting new subscribers set up with dishes and set-top boxes.
The Englewood, Colo., company said its net income climbed 30 percent to $319.1 million, or 71 cents per share, in the three months that ended Sept. 30. That's up from $244.9 million, or 55 cents per share, a year ago.
Analysts polled by FactSet were on average expecting earnings of 74 cents per share.
Revenue rose 12 percent to $3.6 billion from $3.2 billion a year ago, chiefly because of the acquisition of the Blockbuster video-store chain in April. Analysts were on average expecting revenue of $3.64 billion.
Advertise | AdChoices
The period was the first full quarter of results for Blockbuster after the acquisition. The division essentially broke even on $347 million in revenue. Chief Financial Officer Robert Olson said its profitability was inflated because Dish bought the stores and their DVD inventory for less than book value. As the company buys new DVDs, that effect will diminish, and the stores will start posting losses again unless Dish figures out a way to improve profitability.
Olson said the company's goal is to have the stores at least break even while it tests new marketing ideas, some of which include the satellite-service. Dish has already launched a Blockbuster-branded Internet TV service for its satellite subscribers.
Dish lost a net 111,000 satellite subscribers in the quarter. That was mainly because fewer new subscribers signed up, rather than accelerated losses. But the loss rate is still high, something the company blames on competitor's aggressive promotions.
Analyst Mike McCormack at Nomura Securities also noted that the average monthly fee per subscriber was just $76.99, well below his estimate of $78.84, saying that was "of particular concern."
DirecTV Group Inc. last week reported adding a record 327,000 subscribers in the third quarter, greatly helped by its exclusive NFL Sunday Ticket.
Dish ended the quarter with 13.9 million subscribers, the same number it had two years ago. That makes it the third-largest provider of paid TV signals to U.S. households. DirecTV had 19.8 million, making it second only to Comcast Corp. as a pay-TV provider.
The dividend will be paid Dec. 1 to shareholders of record on Nov. 17.
International Leisure Hosts, Ltd. Declares a $1.00 per Share Special Dividend
A $1.00 per common share special dividend will be paid on November 18, 2011 to shareholders of record as of the close of business on November 11, 2011.
Tempe, AZ (PRWEB) November 03, 2011
International Leisure Hosts, LTD. Declares a Special Cash Dividend
International Leisure Hosts, Ltd. (ILHL), owner and operator of Flagg Ranch Resort, a full-service resort motel and trailer park located in the John D. Rockefeller Jr. Memorial Parkway, near Grand Teton and Yellowstone National Parks, announced today that the Company’s Board of Directors has declared a special cash dividend of $1.00 per common share. The dividend will be payable November 18, 2011 to shareholders of record as of the close of business on November 11, 2011.
Set a stink bid .20 less than the close before the numbers come out,it can`t be as bad as the yahoo clowns preach (IMO)
Nov. 2 (Bloomberg) -- Wynn Resorts Ltd., operator of the Wynn and Encore casinos, rose as much as 5.7 percent after declaring a $5 a share special dividend.
Wynn climbed to $134.56 at 10:14 a.m. New York time, after reaching $135.88 earlier. The shares had gained 24 percent this year before today.
The dividend is payable on Dec. 21 to holders of record on Nov. 23, Wynn said today in a statement. Wynn had disappointed investors on Oct. 19, when Chief Executive Officer Stephen Wynn told investors a special dividend was uncertain. The shares fell 5.3 percent the next day.
With the market cap at the close only 1.38 million this is big news getting a million bucks in april.
Stellar Resources Ltd., (OTCQB: SRRL), (the "Company") is pleased to announce that it sold its remaining ownership interest in Elk Hills Heavy Oil LLC (EHHO) to Elk Hills Petroleum Canada Ltd. (EHPC).
The Company sold 75,000 ownership units (representing a 41.67% ownership) to EHPC for $1,000,000 payable by April 30, 2012. EHPC now has 150,000 EHHO ownership units representing 83.5% ownership interest. Concurrent with the sale Ray Jefferd resigned as Co-President of EHHO and Stellar resigned as co-manager of EHHO.
The Company chose to sell its minority interest in EHHO to EHPC rather than make further investment in exploring the EHHO property. This divestiture allows the Company to continue its focus of acquiring and developing technologies that have a high profit impact on the upstream oil and gas business.
On behalf of the Board Stellar Resources Ltd.
www.stellarltd.com
Pinksheet oct Total Share Volume 1,156,638
http://otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=amyzf&SortBy=volume&Month=10-1-2011&IMAGE1.x=19&IMAGE1.y=10
OCT Total Share Volume 11,307,024
http://otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=srrl&SortBy=volume&Month=10-1-2011&IMAGE1.x=20&IMAGE1.y=3
As of oct 14th no short interest
http://otcbb.com/asp/OTCE_Short_Interest.asp