Wednesday, November 12, 2008

Now That's Logical: CryptoLogic cuts dividend

CryptoLogic has slashed its dividend a whopping 75% to 3 cents per share.

This company runs online casino-like games where clownsumers can no longer wager away and lose their borrowed monies.

CryptoLogic is based in Ireland, but probably gave a considerable amount of states-side shareholders an income haircut.

Related:
Have and Have Nots: Haverty Furniture Cuts Dividend
Fixed Income, Difficult to Come In?
The Rock is Chipped: Prudential Dividend Cut Nearly in Half

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