wsj_0068.xml
WSJ891102-0124
WSJ891102-0124
=
891102
=
891102
891102-0124
.
891102-0124
.
Dividend
News
:
@
Goody
Products
Inc.
Dividend
News
:
@
Goody
Products
Inc.
11/02/89
11/02/89
11/02/89
WALL
STREET
JOURNAL
(
J
)
WALL
STREET
JOURNAL
(
J
)
GOOD
GOOD
DIVIDENDS
(
DIV
)
DIVIDENDS
(
DIV
)
GOODY
PRODUCTS
Inc.
cut
its
quarterly
dividend
to
five
cents
a
share
from
11.5
cents
a
share
.
The
reduced
dividend
is
payable
Jan.
2
to
stock
of
record
Dec.
15
.
The
Kearny
,
N.J.-based
maker
of
hair
accessories
and
other
cosmetic
products
said
it
cut
the
dividend
due
to
its
third-quarter
loss
of
$
992,000
,
or
15
cents
a
share
.
In
the
year-ago
quarter
,
the
company
reported
net
income
of
$
1.9
million
,
or
29
cents
a
share
.
The
company
also
adopted
an
anti-takeover
plan
.