How do they do it?

[Growltigga]

Whether a stock pays dividends is entirely up to the issuing company. Lots of companies never pay any dividends at all.

Not strictly correct. Whether a share pays dividends depends on the rights attaching to that share.. as Capnq says, the majority of most shares will only attract a dividend to the extent the company declares it, and subject to local accounting conventions. Certain stock, such as preference or participating shares, will often have a mandatory dividend, for example, a dividend fixed at a flat 5% per annum or a percentage of profits post tax and debt service costs....

Geo, joking aside, you and the other fellahs do a sterling job and should be well proud of your achievements.. I dont really mind if you do have a stable of racy Italian sportsters.. (well, ok, I do)

[ August 02, 2002, 14:25: Message edited by: Growltigga ]