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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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Thursday, June 26, 2008
ZAGG Inc. Introduces invisibleSHIELD for New Apple iPhone 3G
Comtex
SALT LAKE CITY, Jun 26, 2008 (BUSINESS WIRE) ----ZAGG Inc. (OTCBB: ZAGG), the industry leader in providing protective film coverings for personal electronics, announced the availability of an invisibleSHIELD(TM) for the newly released Apple iPhone 3G. The invisibleSHIELD is made from a patented adhesive film exclusive to ZAGG for the purpose of protecting high-performance electronic devices, such as mobile phones, PDAs, gaming devices and laptops.
ZAGG's invisibleSHIELD for the iPhone 3G has been available for pre-order at ZAGG.com for three weeks, receiving over 50,000 orders to date. ZAGG is excited to announce that they will begin shipping June 27, 2008, two full weeks prior to the July 11, 2008 launch of the new iPhone.
"We strive to be the first to market with our designs, and our customers know they are getting the best when they choose the invisibleSHIELD," said Robert G. Pedersen II, President and CEO of ZAGG. "Apple is known for creating beautifully designed electronics and the invisibleSHIELD is the perfect solution for protecting them while maintaining their sleek look and not covering them up with a bulky case."
The ultra-tough material used to create the invisibleSHIELD was originally utilized by the U.S. military to protect helicopter blades from wind, sand and the wear and tear of high-speed travel. Combining this military-grade scratch protection with precision-cut designs, the invisibleSHIELD, backed by a lifetime guarantee, allows customers to use their electronics without the fear of scratches or nicks.
To see ZAGG's full catalog or to purchase online, please visit www.ZAGG.com.
About ZAGG Inc.:
ZAGG Inc. designs, manufactures, and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG's flagship brand, the invisibleSHIELD, is a protective, high-tech film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices, and other items. The patent-pending invisibleSHIELD application is the first scratch protection solution of its kind on the market, and has sold over one million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries. For more information please visit the company's web site at www.ZAGG.com.
Safe Harbor Statement
This release contains "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 such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in filings made by the company with the Securities and Exchange Commission.
SOURCE: ZAGG Inc.
Media: ZAGG Inc. Robert Pedersen II, 801-263-0699 ext. 110 robert@zagg.com or Alpaytac Inc. Caroline Rubenstein, 312-245-9805 ext. 110 caroline@alpaytac.com or Investor Relations: ZAGG Inc. Brandon O'Brien, 801-263-0699 ext. 122 brandon@zagg.com or Catalyst Financial Resources, LLC Connie Schadewitz, 877-276-2467 connie@catalystresearch.com Aimee Boutcher, 503-757-4017 aimee@catalystresearch.com
Copyright Business Wire 2008
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