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Blockbuster won't pay dividend | Reuters.com

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Blockbuster won't pay dividend | Reuters.com
Topic: Miscellaneous 4:48 pm EDT, Sep  8, 2005

Blockbuster Inc. on Friday said it will not pay a dividend for the third quarter, the first time it has failed to do so since the largest U.S. video rental chain operator went public in 1999.

The decision, made by the company's board, is the latest sign of financial difficulty at Blockbuster and sent shares down 5 percent, to a new all-time low.

Blockbuster won't pay dividend | Reuters.com



 
 
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