Post by Pennyroyal_Tea (admin) on Nov 19, 2003 14:11:23 GMT -5
Last week's announcement of a $.04 / share divident that will be paid to all shareholders may not sound like a significant payout, but to Vince McMahon it certainly is. McMahon owns 54,213,536 shares of WWE stock (79.3%), so the dividend distribution translates to a payment of payment of $2,088, 541.44. Taking into consideration that dividend distributions are paid several times/year under normal conditions, Vince will make a nice living this year.
Credit: RajahWWF.com
Credit: RajahWWF.com