Allstocks.com's Bulletin Board: What are dividends and what do they do for me?

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Topic: What are dividends and what do they do for me?

Ghosty
Member

Rate Member

posted

I own some MLON and the recent PR says:

"Further, we will declare a dividend to shareholders of record as of December 31, 2004 for our valued shareholders of Mellon Research, Inc."

What does this mean for me?

Posts: 610 | Registered: Dec 2004 | IP: Logged |

Junky
Member

Member Rated:

posted

it means u'll get money from the company for each share u have.

the money, i do believe, is taxed at 15% in the US, regardless of income.

Posts: 393 | Registered: Jul 2003 | IP: Logged |

Ghosty
Member

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posted

hot ****! woot! cant wait! ill put my kids through college baby!

Posts: 610 | Registered: Dec 2004 | IP: Logged |

Machiavelli
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posted

means you will have enough to put gas in your car after taxes lol ...

Posts: 4669 | Registered: Mar 2004 | IP: Logged |

overand
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posted

better than nothing at all

Posts: 93 | From: indy, indiana, usa | Registered: Sep 2004 | IP: Logged |

Machiavelli
Member

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posted

you make more on your trades then on dividends.. though u can use your dividends to put in your account to trade some more..

Posts: 4669 | Registered: Mar 2004 | IP: Logged |