From the brevity file ...
From the Reuters wire the other day:
National Semiconductor Corp. ... said on Friday it would begin to pay a quarterly dividend for the first time.
Of course, if it's beginning to pay a quarterly dividend, "for the first time" is redundant. And what about the time element: Did it say it on Friday or will it begin payment on Friday? A that after Friday would have clarified.
3 Comments:
Actually, that's not necessarily true. Many companies suspend dividends from time to time, especially companies that have existed for quite a while. There have been a few that have started paying dividends after not doing so for a decade or so. But I know what you mean - I'm a big nitpick at these type of things.
Ah, but given the scenario you cite, the better word would then be "resume" instead of "begin," would it not?
Yes, it would =)
But one cannot assume that since they said they were going to begin to pay that it wasn't one that ever happened before.
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