The following is from WWE.com:
World Wrestling Entertainment has made Forbes’ 2008 list of “200 Best Small Companies.”
Forbes’ annual list of the best small companies identifies the strongest small public outfits. To qualify, companies must have sales between $5 million and $750 million and a stock price of $5 as of Sept. 29. The ranking is based on return on equity, sales growth and profit growth over the past 12 months and over five years. Forbes also compares company stock performance with industry peers.
WWE is proving its mettle in these tough economic times. The company’s stock has only lost 7% of its value year to date*, whereas the S&P 500 has lost over 32 points. This performance is in addition to WWE’s 10.5% dividend yield.
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