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Just like you never want to hear a doctor say "oops" in the operating room, you never want to see a going-concern statement
in a financial report about a company you own. Accountants throw these in when they've been over the books, talked to customers,
and checked the horoscopes and have concluded there is "substantial doubt" about a company's ability to remain in business.
In short, don't blame the accountants if the company files for bankruptcy protection.
You¿d reckon that a going-concern
statement would be enough to send investors running to the exits, but it's not. True, many large institutions automatically
bail when an existing company gets slapped with one of these, but many individuals (often wrongly) take a chance they know
more than the bean counters.
During the tech boom of the late 1990s, many companies actually went public even though they had been hit with going-concern statements. Many of those companies subsequently disappeared. Enough said.
Home / Markets / Industries / Telecom
Monday, July 07, 2008
HRPT Properties Trust Announces Quarterly Common and Preferred Dividends
Comtex
NEWTON, Mass., Jul 07, 2008 (BUSINESS WIRE) ----HRPT Properties Trust (NYSE: HRP) today announced its regular quarterly common and preferred dividends as follows: Common Dividends
A regular quarterly common dividend of $0.21 per Common Share will be paid with respect to the results of operations for the quarter ended June 30, 2008, to holders of record of Common Shares as of the close of business on July 25, 2008, and will be distributed on or about August 25, 2008. Series B Preferred Dividends
A distribution of $0.5469 per Series B Cumulative Redeemable Preferred Share will be paid on or about August 15, 2008, to holders of record of Series B Preferred Shares at the close of business on August 1, 2008. Series C Preferred Dividends
A distribution of $0.4453 per Series C Cumulative Redeemable Preferred Share will be paid on or about August 15, 2008, to holders of record of Series C Preferred Shares at the close of business on August 1, 2008. Series D Preferred Dividends
A distribution of $0.4063 per Series D Cumulative Convertible Preferred Share will be paid on or about August 15, 2008, to holders of record of Series D Preferred Shares at the close of business on August 1, 2008.
HRPT Properties Trust is a real estate investment trust, or REIT, which primarily owns office buildings located throughout the United States. HRP is headquartered in Newton, Massachusetts. A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the New York Stock Exchange. No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
SOURCE: HRPT Properties Trust
HRPT Properties Trust Timothy A. Bonang, 617-796-8222 Manager of Investor Relations or Katherine L. Johnston, 617-796-8222 Investor Relations Analyst www.hrpreit.com
Copyright Business Wire 2008 ********************************************************************** As of Thursday, 07-03-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 07-01-2008 for HRP @ $6.84. 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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