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Bonds Are a 'Safe' Investment: A Big Lie Gets Even BiggerGood news, owners of TWX stock! Not only are you going to enjoy the benefits of more reality television, more syndicated re-runs and more pithy "commentary" from observers like myself, you're also going to be getting a nickel.
That's right, yesterday, the Board of Directors of Time Warner declared that owners of Common Stock will receive $0.05 a share, in cash, on June 15, 2006.
Huzzah!
So, the big question is, how many shares of stock would I have to own (which I don't---I don't own any TWX) in order to take advantage of the following Warner entertainment options:
See the summer blockbuster, Poseidon:
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$8.50 for a ticket
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$3 for a beverage
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Total: $11.50
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Shares of stock needed: 230
To see the Broadway flop, Lestat:
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$119.75 for a full price ticket
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$45 for a solo dinner
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$5 for a roundtrip subway ticket
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Total: 169.75
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Shares of stock needed: 3,395
So get your abacus out, dear readers, and start counting those shares!
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