Summary
MercadoLibre, Inc. (MELI) announced on September 23, 2011, a quarterly cash dividend of $0.08 per share for its common stockholders. This dividend payment signifies the company's commitment to returning value to its shareholders and reflects a level of financial stability and confidence in its ongoing operations. Investors should note the payment and record dates, which are crucial for determining eligibility for this dividend payout.
Key Highlights
- 1Company announced a quarterly cash dividend of $0.08 per share.
- 2Dividend is payable to holders of common stock.
- 3Payment date for the dividend is October 15, 2011.
- 4Record date for determining stockholders eligible for the dividend is September 30, 2011.
- 5This marks a distribution of profits directly to shareholders.
Frequently Asked Questions
The quarterly cash dividend declared is $0.08 per share of common stock.
Stockholders of record as of the close of business on September 30, 2011, are eligible to receive the dividend.
The cash dividend will be paid on October 15, 2011.
This dividend announcement indicates that MercadoLibre is returning capital to its shareholders, suggesting financial health and a potentially stable business outlook at the time of the filing.