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You know that buying a stock makes you part owner of a company, theoretically with millions of other people. But, while ownership has its privileges (at minimum you get a neat stock certificate and an invitation to the annual meeting), being an owner doesn't necessarily pay. Sure, you make money if the stock goes up, but only if you sell, and you can, in theory, lose all the value of your investment if the stock tanks.
Enter the dividend. Here, you get money simply from holding the stock. Companies pay a yield, which is expressed in a percentage based on the stock's price. For example, if a stock trades at $10, and pays a 10% annual yield, your dividend payment would be a $1. (Usually, companies break out the payments quarterly, so, using our example, you¿d get, well, a quarter each quarter.)
Companies that pay dividends fall into a few categories. First, you've got your big, stable companies that generate enough cash that it makes sense to throw some back to shareholders. Next, there are businesses, like real estate investment trusts, that are in the business of sitting back and receiving cash, then distributing it to holders. And, then there are companies that need to dangle a high dividend yield like a carrot to ease investor fears. Cigarette-maker Altria has been doing this for years.
Simply because a company pays a dividend doesn't make it a good investment. After all, you may want to take a chance on a growth stock that can move higher in price than dividend payers are known to do. But, you can¿t beat the safety of knowing that, even if a stock doesn't move in a year, you¿re at least making something off your investment.
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Monday, June 30, 2008
Accounting Firm Gives New Meaning to 'Going Green'
Comtex
BRENTWOOD, Tenn., June 30, 2008 /PRNewswire via COMTEX/ ----Accounting has traditionally been a paper-driven industry. A Tennessee-based accounting firm, however, is implementing across-the-board changes in its procedures that are designed to cut down on the number of trees being cut down for paper used in its clients' reports.
Based on statistics proved by Conservatree.com, one mature tree requires thousands of gallons water to produce 16.67 reams of copy paper. "In the past," said Dr. Friday Burke, president of the Williams, Williams and Williams, Inc. accounting firm, "reams and reams of paper were used for each of our clients just to provide essential monthly and yearly reports and government-required filings. We're now taking steps to significantly reduce the amount of paper used in our day-to-day business."
Even the home page of its web site -- http://www.williamsx3.com -- now has an earthy green background and proclaims, "Williams, Williams and Williams Inc. has gone GREEN."
Williams, Williams and Williams, Inc. is instituting electronic document transmissions, switching to recycled paper and two-sided printing, using soy-based ink and providing online access to accounting data. "We are not only reducing our in-house consumption of paper and ink but also that of our clients," said Dr. Friday Burke. "Our objective is to save mature trees, water, greenhouse gases and kilowatts."
Burke noted that the benefits are not both environmental and economical. "Our costs are actually going down," she said, "and we can pass our savings on to our clients."
This strategy, added Dr. Friday Burke, ties in with the company's goal of saving its clients money through its accounting, tax and bookkeeping services. Williams, Williams and Williams, Inc. offers accounting packages for as little as $100 a month and payroll services for as little as $25 per pay period.
For more information on Williams, Williams and Williams, Inc. and its services, visit http://www.williamsx3.com or call toll free 1-800-522-0819.
About Williams, Williams and Williams, Inc. (WilliamsX3)
With a bachelor's degree in business, an MBA in accounting and a Ph.D. in economics, Dr. Friday Burke is president of Williams, Williams and Williams, Inc., the leading business real-time bookkeeping services provider on the web. Williams, Williams and Williams, Inc. -- an accounting, tax and business consulting firm -- provides a full range of service options to complement and complete a business's internal accounting and administration needs. The firm, in business for more than 12 years, provides assistance in all areas of general accounting, payroll, business tax reporting and financial statements. Dr. Burke is host of the radio show "Money Moments" and is a bestselling author of "Virtual Financial" and her newest book "Be Rich, Be an Entrepreneur."
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
SOURCE Williams, Williams and Williams, Inc.
http://www.williamsx3.com
Copyright (C) 2008 PR Newswire. All rights reserved
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