TheStreet.com Declares Quarterly Cash Dividend

March 20, 2007 at 12:00 AM EDT
TheStreet.com Declares Quarterly Cash Dividend

TheStreet.com Declares Quarterly Cash Dividend

NEW YORK, Mar 20, 2007 (BUSINESS WIRE) -- TheStreet.com, Inc. (Nasdaq: TSCM), a leading provider of financial commentary, analysis, research, news and ratings, today announced that its board of directors has declared the Company's quarterly cash dividend on its common stock. The cash dividend of $0.025 per share of common stock will be payable on March 30, 2007 to all shareholders of record at the close of business on March 23, 2007. "We are pleased to enter our second year of shareholder dividend rewards as we continue to successfully meet our strategic goals," said Thomas J. Clarke, Jr., chairman and chief executive officer of TheStreet.com.

TheStreet.com, Inc. reported annual income from continuing operations of $12.8 million in 2006, which equates to fully diluted earnings of $0.47 per share. For the quarterly period ended December 31, 2006, the Company reported income of $3.9 million from continuing operations, which equates to fully diluted earnings of $0.14 per share.

About TheStreet.com, Inc.

TheStreet.com, Inc. (Nasdaq: TSCM) is a leading multimedia provider of business, investment and ratings content, available through its proprietary properties, which include Web sites, email subscription services, print publications, syndication and audio and video programming. Founded in 1996, TheStreet.com, Inc. pioneered the electronic publishing of financial information on the Internet. Today, the Company offers proprietary information on stocks, mutual funds, exchange traded funds (ETFs) and financial institutions, including various insurers; HMOs; Blue Cross Blue Shield plans; banks and savings and loans. The Company's breadth of top-grade services empowers a wide audience of retail and professional investors, by delivering information they can rely upon to make sound, informed financial decisions.

SOURCE: TheStreet.com, Inc.

TheStreet.com, Inc.
Chaela Volpe, Investor Relations Manager
Phone: 212-321-5008
Email: Chaela.volpe@thestreet.com

Follow us

Press Contact

Jared Verteramo
TheStreet, Inc. 
14 Wall Street 
New York, NY 10005 
jared.verteramo@thestreet.com
P: 212-321-5271

Recent Tweets