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Siebel Starting To Pay Out
By Tim Beyers (TMF Mile High)
June 9, 2005

I admit it: I'm a sucker for dividends. So when troubled software maker Siebel Systems (Nasdaq: SEBL) yesterday announced its intention to begin a quarterly payout to common-share holders, I got interested.

The $0.025 dividend will be paid on July 15 to shareholders on record as of June 30. That's $0.10 annually and would equal roughly a 1.14% yield at the current per-share price ($8.80 as of this writing). Not bad, but not exactly a market-beater either because a comparable Standard & Poor's 500 index fund such as Vanguard pays 1.4%...
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