TheStreet.com, Inc. (Nasdaq: TSCM), a leading financial media company,
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 June 30, 2008 to all
shareholders of record at the close of business on June 24, 2008.
"Remaining focused on providing shareholder value, we are pleased to
announce our second quarterly cash dividend of 2008," said Thomas J.
Clarke, Jr., chairman and chief executive officer of TheStreet.com.
TheStreet.com reported revenue of $18.9 million for the three-month
period ended March 31, 2008, an increase of 31% over that of the first
quarter of 2007. Net income for the first quarter was $2.4 million, or
$0.07 per fully diluted share.
About TheStreet.com, Inc.
TheStreet.com is a leading financial media company. It engages audiences
on video and digital platforms through some of the Web's best known
sites: TheStreet.com, RealMoney.com, Stockpickr.com, BankingMyWay.com,
MainStreet.com, Rate-Watch.com and Promotions.com. Through this network,
the company produces and distributes content in all areas where life and
money intersect to inform, engage and activate one of the most affluent,
influential audiences on the Web today.
TheStreet.com, Inc.
Investor Relations
Phone: 212-321-5008
Email:
IR@thestreet.com
