Kinko's No More
06-03-2008 | 06:50 AM
#12
Administrator
Joined: May 2006
Posts: 8,025
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From: C-172
In another action today, the FedEx Board of Directors declared a quarterly cash dividend of $0.11 per share on FedEx Corporation common stock, an increase of $0.01, or 10 percent, per share over the previous dividend payment. The dividend is payable July 1, 2008 to stockholders of record at the close of business on June 13, 2008.
06-03-2008 | 07:14 AM
#13
Gets Weekends Off
Joined: Aug 2006
Posts: 4,184
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From: leaning to the left
A .01 increase in the quarterly dividend? That's an extra $12.4 million/year of "Fuel Sense" money. That's also a $618,000/yr raise for Mr. Smith.
Again, I think it's another wonderful way for our corporation to lower spending.
Looking on the bright side...I think it will help with our picketing, to be outside "FEDEX Office", instead of Kinkos.
Again, I think it's another wonderful way for our corporation to lower spending.
Looking on the bright side...I think it will help with our picketing, to be outside "FEDEX Office", instead of Kinkos.
Last edited by Busboy; 06-03-2008 at 08:29 AM.
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