Summary
MercadoLibre, Inc. (MELI) announced on November 9, 2011, that its Board of Directors has declared a quarterly cash dividend. This signifies a commitment by the company to return value to its shareholders directly through cash distributions. For investors, the key details are the dividend amount of $0.08 per share, the payment date of January 16, 2012, and the record date of December 30, 2011. This provides a clear expectation for shareholders regarding when they will receive this dividend payment, allowing them to plan accordingly.
Key Highlights
- 1MercadoLibre (MELI) Board of Directors declared a quarterly cash dividend.
- 2The declared dividend amount is $0.08 per share.
- 3The dividend is payable to holders of the Company's common stock.
- 4The payment date for the dividend is January 16, 2012.
- 5The record date for determining dividend eligibility is December 30, 2011.
Frequently Asked Questions
The main announcement is that MercadoLibre's Board of Directors has declared a quarterly cash dividend of $0.08 per share.
The dividend payment is scheduled to be made on January 16, 2012.
Holders of MercadoLibre's common stock who are on record as of the close of business on December 30, 2011, are eligible to receive the dividend.
The filing states this is a 'quarterly cash dividend,' indicating it is a regular payment expected to occur each quarter.