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NTE ex-dividend on 6/28 ($0.38)

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Nam Tai will pay a dividend of $0.38 to holders as of Wednesday, June 28. This is the last “big” dividend for NTE though. Dividend will fall to $0.21 next year. And the actual dividend portion drops from $0.22 to $0.05, with the remainder being paid out from past accumulated non-operating income (such as gains on asset sales). The electronic manufacturer has decided that investing cash flow into capital expansion makes more sense right now.

This entry was posted on Tuesday, June 20th, 2006 at 3:37 pm and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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