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Message #1
From:
NewsBot
Date:
March 6, 2005 09:29:35 PM
DOLL Middleton Doll Company (The),Stock Trading Message Board News
The Middleton Doll Company Will Not Pay Year-End Dividend PEWAUKEE, Wis. The Middleton Doll Company George R. Schonath, 262-523-4300 The Middleton Doll Company (OTCBB:DOLL) today announced that it will not pay an additional cash dividend on its common stock for 2004. During the first six months of 2004, dividends totaling $0.20 per share were paid to common shareholders. Because the taxable income for the company's financial services subsidiary for the year ended December 31, 2004 is not expected to exceed $0.20 per common share, no dividend will be paid to the common shareholders on January 31, 2005. On June 3, 2004, the company announced a change in the common stock dividend policy from a quarterly dividend to an annual dividend payable in January for the preceding year. The Middleton Doll Company operates in two segments, consumer products and financial services. The company's consumer products segment is comprised of Lee Middleton Original Dolls, Inc., a designer and marketer of lifelike collectible and play dolls, and License Products, Inc., a designer and marketer of clocks and home decor products that are sold to major national retailers. The company's financial services subsidiary is a real estate investment trust (REIT). This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations, plans, objectives, future performance and business of the Company. Forward-looking statements, which may be based upon beliefs, expectations and assumptions of the Company's management and on information currently available to management, are generally identifiable by the use of words such as "believe," "expect," "anticipate," "plan," "intend," "estimate," "may," "will," "would," "could," "should," or other similar expressions. Additionally, all statements in this document, including forward-looking statements, speak only as of the date they are made, and the Company undertakes no obligation to update any statement in light of new information or future events. A number of factors, many of which are beyond the ability of the Company to control or predict, could cause actual results to differ materially from those in its forward-looking statements. Significant risks and uncertainties include (i) the continuing effect of adverse economic conditions and (ii) the effect of increasing competition in the collectible doll market. Additional information concerning the Company and its business, including factors that could materially affect the Company's financial results, is included in the Company's filings with the Securities and Exchange Commission. The Middleton Doll Company news releases are available on-line 24 hours a day at: http://www.middletondollcompany.com Copyright © 2005 Business Wire. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission. News Copyright © 2005 Interest!ALERT All rights reserved.
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