Summary:

Lo behold, no more sale talks. TheStreet.com has initiated a dividend policy this morning…Starting next month, its investors will be on th…

Lo behold, no more sale talks. TheStreet.com has initiated a dividend policy this morning…Starting next month, its investors will be on the receiving end of quarterly dividends to the tune of $0.025 per share. The company is good for it. It generated $5.8 million in income from continuing operations last year, and it will take less than half of that to cover this year’s distributions. It also happens to have $33.2 million in cash on its balance sheet.

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By Rafat Ali

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