In an otherwise sandpaper dry Hollywood Reporter story about how media conglomerates are staring to pay their shareholders dividends again, writer Georg Szalai tacks on one of the most fascinating throw-away kickers we've read in quite some time.
"Sports entertainment powerhouse World Wrestling Entertainment is an industry dividend-yield champ: Its 36 cents per share quarterly dividend amounts to a yield of 8.8%."
Yes, you read that right. If only you'd have invested your life's savings in the WWE a couple of years ago -- instead of that eight-bedroom, public transportation-adjacent monstrosity in Van Nuys -- you'd be a rich bastard right now, with your choice of bargain-basement, foreclosed Van Nuys monstrosities.
source: mediabistro.com
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