J2 Global Underperforms
j2 Global Inc. (NASDAQ:JCOM) reported weaker-than expected fourth-quarter 2011 financial results yesterday, after market close. However, the board of directors of j2 Global has raised its quarterly dividend by 2.4% from 20.5 cents per share to 21 cents per share and authorized a share buy back program to repurchase 5 million of common shares of [...]
j2 Global Inc. (NASDAQ:JCOM) reported weaker-than expected fourth-quarter 2011 financial results yesterday, after market close. However, the board of directors of j2 Global has raised its quarterly dividend by 2.4% from 20.5 cents per share to 21 cents per share and authorized a share buy back program to repurchase 5 million of common shares of j2 Globalthe company within February 20, 2013.
Quarterly GAAP net income came in at $29.8 million or 62 cents per share compared with $26.9 million or 58 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards