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
Friday, June 06, 2008
Spectacular New Concept in Coastal Resorts Opens in So. Cal Today
Comtex
DEL MAR, Calif., June 6, 2008 /PRNewswire via COMTEX/ ----Ushering in a new era in coastal Southern California hospitality, L'Auberge Del Mar reopened today, introducing a new concept in luxury resort experiences with an elegant look and environment that is reminiscent of a high-end private estate.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080606/LAF511)
Just in time for race season at Del Mar Race Track, where the surf meets the turf, the renowned 120-room historic seaside resort in Del Mar, Calif., managed by Destination Hotels & Resorts, recently completed a comprehensive renovation, investing what would exceed $200 thousand per room, or more than $25 million for the complete property renewal. In addition to a chic new look, the resort features upgraded services and superior amenities to appeal to the most discerning of travelers.
Upon arrival, guests are welcomed by the Pacific Ocean in the new lobby, which was carefully designed to blend a warm indoor environment boasting striking dark wood flooring, custom designed furnishings and carpets, soft lighting and original artwork, with coastal views and ocean breezes. A new Waterfall Terrace, accented with a 14-foot illuminated waterfall, Bleu Bar, adorned with a sleek fire pit and the pool deck are just beyond the lobby beckoning guests to the picturesque outdoors.
All guest rooms have a sophisticated new look, designed by world-renowned Barclay Buterra, who previously has only contributed his talents to private homes and estates. Several rooms have fireplaces and all feature the latest in technological advancements and high-end amenities. Additionally, all bathrooms have been completely renovated and feature impressive walk-in showers and marble-topped vanities.
Much like the rest of the resort, the function space offers the best in design and technology, with more than 15,500 square feet of indoor and outdoor event space available, including a variety of options with ocean views. A new Sunset Terrace features 2,000 square feet of space for weddings and private events.
The new restaurant at L'Auberge Del Mar will open in October and will combine world-class dining with a spirited atmosphere, offering guests the choice of dining under the stars in an oversized cabana side-by-side with a flickering fire pit and a lively waterfall or in a sleek dining room. Always on the forefront of culinary trends, James Beard Chef Paul McCabe will be presenting innovation at its finest and his market and farm-driven menus will feature farm-fresh produce, sustainable seafood, and hormone-free meats.
A new 4,500 square foot luxury spa will be introduced in December in a freestanding facility, creating an oasis of pampering for guests and locals alike. The spa is planned to be one of the finest in Southern California, offering the latest treatments and amenities, including environmentally and vegan friendly products and packaging, a spa suite, and an outdoor relaxation area adorned with the fire and water theme. Spa services will be available in the property's existing spa from June to December.
For reservations or information call (858) 259-1515 or visit http://www.laubergedelmar.com.
CONTACT: Ann Kelsey or Terry Wills
Wills Communications, Inc.
(858) 450-1120
SOURCE L'Auberge Del Mar
http://www.laubergedelmar.com
Copyright (C) 2008 PR Newswire. All rights reserved
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
