CSK - Looks like it is headed still lower. Huge amount of debt but you get a 5.5% dividend? Might be a buy in a month or two.
Chesapeake Corporation Declares Dividend Tuesday December 13, 2:25 pm ET
RICHMOND, Va., Dec. 13 /PRNewswire-FirstCall/ -- The board of directors of Chesapeake Corporation (NYSE: CSK - News) today declared a regular quarterly dividend of $0.22 a share on the common stock of the Corporation, payable February 15, 2006 to holders of record at the close of business on January 23, 2006.
The company has paid a dividend for 72 consecutive years.
Chesapeake Corporation is a leading international supplier of value-added specialty paperboard and plastic packaging with headquarters in Richmond, Va. The company is one of Europe's premier suppliers of folding cartons, leaflets and labels, as well as plastic packaging for niche markets. Chesapeake has more than 50 locations in Europe, North America, Africa and Asia and employs approximately 6,400 people worldwide. The company's website address is http://www.cskcorp.com.
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