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Tag: dividends

What You Need to Know About Dividends

What You Need to Know About Dividends

Public companies are faced with two critical choices: 1) Deliver a share of your profits each year to your shareholders. 2) Keep all profits and reinvest them into the business. Theoretically, if the company is able to obtain superior profitability by reinvesting the profits that would otherwise be paid out to shareholders, then it should not pay dividends. On average, companies obtain a higher valuation by reinvesting their profits. However, shareholders achieve greater returns in the long run by being paid dividends on…

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Scientific Games to Buy WMS Industries for $1.5 Billion

Scientific Games to Buy WMS Industries for $1.5 Billion

The Scientific Games Corporation said on Thursday that it had agreed to buy WMS Industries for $ 1.5 billion, bolstering its position in the casino and lottery industry. Under the terms of the deal, Scientific Games will pay $ 26 for each share of WMS, nearly 60 percent above WMS’s closing price on Wednesday. With WMS, Scientific Games will add to its portfolio of casino products, including video poker machines and slot machines. In the last quarter, revenue at WMS…

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This Election Day, Remember Your Constitutional Right To Carelessly Misrate Structured Credit Products

This Election Day, Remember Your Constitutional Right To Carelessly Misrate Structured Credit Products

Have you finished reading Judge Jayne Jagot’s 43,000-page opinion in the Australian CPDO case yet? Good, because we’ve got to move on to other things.1 Like: what does it all mean? One obvious thing that it could mean is “nothing,” or at least not very much. The case involved $ 30 million of damages, and there seems to be an Australian class action coming that might involve more damages, but it seems unlikely that CPDOs are going to track S&P…

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