{"id":9949,"date":"2011-04-29T14:39:33","date_gmt":"2011-04-29T18:39:33","guid":{"rendered":"http:\/\/ringsidereport.com\/?p=9949"},"modified":"2011-04-29T14:42:40","modified_gmt":"2011-04-29T18:42:40","slug":"wwe-going-bankrupt","status":"publish","type":"post","link":"https:\/\/ringsidereport.com\/?p=9949","title":{"rendered":"WWE:  Going BANKRUPT"},"content":{"rendered":"<p><strong><a rel=\"http:\/\/ringsidereport.com\/?p=9949 \" href=\"http:\/\/ringsidereport.com\/?p=9949 \"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-540\" style=\"margin-left: 10px; margin-right: 10px;\" title=\"WWE header\" src=\"http:\/\/ringsidereport.com\/wp-content\/uploads\/2010\/01\/WWE-header11.jpg\" alt=\"\" width=\"232\" height=\"169\" \/><\/a>By \u201cBad\u201d Brad Berkwitt<\/strong><\/p>\n<p>Motley Fool\u00a0the online stock site that has all kinds of inside information is reporting today that shares of the World Wrestling Entertainment (NYSE: WWE) fell 10% after the company announced a revised dividend policy.<!--more--><\/p>\n<p>&#8220;When a dividend yield reaches 12.5% like WWE&#8217;s did, we should expect that something has to change&#8221;, reports Motley Fool. The company&#8217;s former $0.36 dividend will be cut to $0.12 to keep the company from running out of cash.<\/p>\n<p>\u201cWWE&#8217;s stock has been in a tailspin lately and the company has been returning more cash to shareholders than it is pulling in, so this is a prudent move in the long run\u201d, said Motley Fool.<\/p>\n<p>\u201cIt may have investors disappointed today, but it&#8217;s the right move for the company. I don&#8217;t think this presents an opportunity to jump in yet, but if Vince McMahon can turn operations around, WWE could see a nice pop in the future\u201d, said Motley Fool.<\/p>\n<p>Hopefully the WWE can get their business in order and not suffer the fate of many well known franchises that as of late, have had to file Chapter 11.<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/ringsidereport.com\/?page_id=1371\">Advertise Now On RSR<\/a><\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.authorhouse.com\/BookStore\/ItemDetail.aspx?bookid=13198\">Purchase Boxing Interviews Of A Lifetime<\/a><\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.amazon.com\/Family-Secret-Forris-Day-Jr\/dp\/B004GLZ4YG\/ref=pd_rhf_p_t_1\">Order the Horror Thriller FAMILY SECRET Now!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By \u201cBad\u201d Brad Berkwitt Motley Fool\u00a0the online stock site that has all kinds of inside information is reporting today that shares of the World Wrestling Entertainment (NYSE: WWE) fell 10% after the company announced a revised dividend policy.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2455,3275,775,778],"class_list":["post-9949","post","type-post","status-publish","format-standard","hentry","category-boxing-news","tag-bankrupt","tag-motley-fool","tag-wrestling","tag-wwe"],"_links":{"self":[{"href":"https:\/\/ringsidereport.com\/index.php?rest_route=\/wp\/v2\/posts\/9949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ringsidereport.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ringsidereport.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ringsidereport.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ringsidereport.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9949"}],"version-history":[{"count":-2,"href":"https:\/\/ringsidereport.com\/index.php?rest_route=\/wp\/v2\/posts\/9949\/revisions"}],"wp:attachment":[{"href":"https:\/\/ringsidereport.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ringsidereport.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ringsidereport.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}