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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, July 21, 2008
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, August 7, 2008
Comtex
NEW YORK, NY, Jul 21, 2008 (MARKET WIRE via COMTEX) ----Warner Music Group Corp. (NYSE: WMG) will release fiscal second quarter financial results for the three months ended June 30, 2008 prior to the opening of the NYSE on Thursday, August 7, 2008 and will hold an earnings update conference call that morning at 8:30 a.m. ET.
To access the conference call, please dial 800-857-2625 or 210-234-6601. The passcode for the call is "Warner Music." We suggest you call in 10 minutes prior to the start time. You will be able to replay the conference call up until Thursday, August 21, 2008 at 11:00 p.m. ET by dialing 866-443-8045 or 203-369-1128. The call will also be available via webcast at www.wmg.com.
About Warner Music Group
Warner Music Group became the only stand-alone music company to be publicly traded in the United States in May 2005. With its broad roster of new stars and legendary artists, Warner Music Group is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, Bad Boy, Cordless, East West, Elektra, Lava, Nonesuch, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros. and Word. Warner Music International, a leading company in national and international repertoire, operates through numerous international affiliates and licensees in more than 50 countries. Warner Music Group also includes Warner/Chappell Music, one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide.
Media Contact: Will Tanous 212-275-2244 Email Contact Investor Contact: Jill Krutick 212-275-4790 Email Contact
SOURCE: Warner Music Group
http://www2.marketwire.com/mw/emailprcntct?id=2B54C545B6674288 http://www2.marketwire.com/mw/emailprcntct?id=E58A1321E2169B88
Copyright 2008 Market Wire, All rights reserved. ********************************************************************** As of Thursday, 07-17-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 07-07-2008 for WMG @ $6.99. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights reserved.
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