FOX Translator
No data currently available.
No data currently available.
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.
Home / Markets / Industries / Health Care
Wednesday, July 16, 2008
Mannatech's New CEO Launches North American Tour with Sales Associates in Denver
Comtex
COPPELL, Texas, Jul 16, 2008 (BUSINESS WIRE) ----Mannatech, Incorporated (NASDAQ: MTEX), a leading developer and provider of dietary supplements and skin care solutions, has launched a North American "Whistle-Stop Tour" in 10 cities where new President and CEO Wayne Badovinus will visit with thousands of independent sales Associates listening to their input while discussing key business-building strategies, the power of the field and corporate working together, and accelerating change for the better.
"The fuel to drive our growth is energy, enthusiasm, dedication, integrity, action - and most of all - passion. We know it all starts with our valuable team of independent Associates," said Badovinus, Mannatech's president and CEO. "We all have the opportunity to turn weakness from the past into strengths for the future. Mannatech is a new company - we are moving forward and not looking back."
Badovinus continued, "Given the current state of the economy, many Americans are looking for a business opportunity that will improve their quality of life. Mannatech offers a powerful combination of a business opportunity based on industry-leading, proprietary wellness products and solutions."
The tour is making 10 stops through the end of October. Badovinus' visit to Denver included a two-day session with approximately 160 Mannatech Associates and prospects in attendance. This weekend Badovinus will visit Lubbock, Texas, with future stops including Medford, Oregon; Branson, Missouri; Seattle; Chicago; Ft. Lauderdale, Florida; Omaha, Nebraska; and two stops in Canada.
About Mannatech
Mannatech, Incorporated, is a global wellness solutions provider of innovative, high quality, proprietary nutritional supplements, topical and skin care products, and weight management products sold through independent associates and members located in the United States and the international markets of Canada, Australia, the United Kingdom, Japan, New Zealand, the Republic of Korea, Taiwan, Denmark, Germany, and South Africa.
Please Note: This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by use of phrases or terminology such as "intend" or other similar words or the negative of such terminology. Similarly, descriptions of Mannatech's objectives, strategies, plans, goals or targets contained herein are also considered forward-looking statements. Mannatech believes this release should be read in conjunction with all of its filings with the United States Securities and Exchange Commission and cautions its readers that these forward-looking statements are subject to certain events, risks, uncertainties, and other factors. Some of these factors include, among others, Mannatech's inability to attract and retain associates and members, increases in competition, litigation, regulatory changes, and its planned growth into new international markets. Although Mannatech believes that the expectations, statements, and assumptions reflected in these forward-looking statements are reasonable, it cautions readers to always consider all of the risk factors and any other cautionary statements carefully in evaluating each forward-looking statement in this release, as well as those set forth in its latest Annual Report on Form 10-K and Quarterly Report on Form 10-Q, and other filings filed with the United States Securities and Exchange Commission, including its current reports on Form 8-K. All of the forward-looking statements contained herein speak only as of the date of this release.
SOURCE: Mannatech, Incorporated
Mannatech, Incorporated Gary Spinell, 972-471-6512 Vice President Corporate Communications ir@mannatech.com www.mannatech.com www.exploremannatech.com
Copyright Business Wire 2008
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
