Exact(14)
AT&T Wireless shares pay no dividends.
The new preferred shares pay a "non-cumulative" dividend, which means they basically pay no dividend.
To keep it simple, Mr. Stolar has the shares pay a $1 dividend.
Those shares pay an annual dividend of $3.50, for a yield on yesterday's price of 39percentt -- assuming the company can continue to pay the dividend.
On top of this, he pays his workers wages that are 30% higher than the legal minimum, while shares pay five per cent dividends.
Buyers of Class A shares pay the full sales commission, which can exceed 5percentt of the amount invested, at the time of purchase rather than over time or when they withdraw their money.
Similar(44)
In the last decade, the firm repurchased $70 billion of shares, paying an average price of more than $20 apiece, Barclays Capital estimates.
His S.E.C. filings show that he and a Lay family partnership exercised options in 2001 for 635,334 shares, paying $12.2 million.
Mr. Buffett's investment company, Berkshire Hathaway, continued to buy Geico stock and in 1995 completed its purchase of the remaining shares, paying $70 apiece.
Administration officials said the government could acquire stakes in the form of common stock, preferred shares paying a specific dividend or some other form of equity.
Revising the deal would mean increasing the number of shares paid by Healtheon.
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