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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.
Home / Markets / Industries / Technology
Wednesday, May 14, 2008
TeknoCreations Updates Product Launch Information
Comtex
ALBUQUERQUE, N.M., May 14, 2008 (PrimeNewswire via COMTEX News Network) ----AccessKey IP, Inc. (Pink Sheets:AKYI), as previously announced, its wholly owned subsidiary TeknoCreations will launch its unique InCharge(tm) product for the Nintendo Wii and Microsoft Xbox 360. With initial sales expected to be in excess of $200K, the company expects to deliver its first 10,000 units on or about June 15th. The product will initially be available domestically and in Canada with a suggested retail of $34.99.
Mark Kasok, TeknoCreations' Vice President Sales and Marketing, stated, "I am excited with our early marketing results. Our InCharge(tm) products have begun to show up for sale through various search engines such as Google MSN and Yahoo. Although we are a month from shipping, retailers and Etailers are taking backorders. Our InCharge(tm) products are inductive contactless rechargeable charging systems, for both the popular Nintendo Wii and Microsoft Xbox 360 remote controllers. They eliminate the need to replace batteries and eliminate the open contacts, which can become faulty through tarnishing and dirt buildups. It is the only charging system on the market that can work without removing popular silicon skins and wrist straps that are included by Nintendo free with every Wii remote and you no longer have to remove the batteries or plug in your wireless Microsoft Xbox 360 remote to keep it charged. Our initial results will give us a good indication of our Holiday Season, which is fast approaching."
About AccessKey IP, Inc.
AccessKey IP is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of Digital Communications, Entertainment-related services and specific consumer electronics platforms.
AccessKey(tm) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" (voice, video and data) and "Quadruple Play" (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(tm) and portable flash drive-sized AccessKey PC(tm) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Its wholly owned subsidiary, TeknoCreations, was founded to participate in the explosive growth of Consumer Electronics and Business security needs. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.
The AccessKey IP logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4945
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKey IP and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR INVESTOR INQUIRIES: Please visit the Company's website www.accesskeyip.com, or contact: Bruce Palmer, 310-734-4254.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: AccessKey IP
AccessKey IP, Inc. Bruce Palmer 310-734-4254 www.accesskeyip.com
(C) Copyright 2008 PrimeNewswire, Inc. All rights reserved.
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