Word: dividend
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Dates: during 1930-1939
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...worth of management trusts. One Bullock trust is Canadian Investment Fund, founded with a high-powered board of Canadian bigwigs in the days when the future of Canada looked considerably brighter than that of the U. S. Others include two series of Nation-Wide Securities, Carriers & General Corp., Dividend Shares, Bullock Fund...
...Dividend-of-the-week was announced by Boston's State Street Investment Corp. to qualify for the exemption granted by the new Federal tax law to mutual trusts which distribute capital gains as well as earnings to their stockholders. State Street plans a $20-per-share payment before the year...
...Harahan submitted a plan to make C. & O.'s finances even sounder, more adequate, than they are now. The plan hinges on the creation of a new preferred stock which may be used 1) instead of bonds, to raise fresh capital and 2) instead of cash, to pay dividends on the common. The preferred as a whole would carry the right to elect one-fifth of the board of directors, and the first series to be issued would be entitled to a 4% non-cumulative dividend...
...enlarging upon the relative merits of dividend and nondividend paying stock, he observed: "Personally, I am unwilling to buy stock unless I can receive a dividend in eight months." Asked whether he would make public his reasons for resigning from a corporation, Mr. Sprague declared, referring to his self-dedicated effort to change the course of the New Deal...
Last week about 50% of the 165,000 members of the Book-of-the-Month Club received, in addition to the regular October choice of the organization, a special "book dividend" in the form of a Bible. Designed to be read for its literary interest rather than as divine revelation, the Book-of-the-Month Club's Bible, edited by Ernest Sutherland Bates, proved to be a fat, well-printed volume with wide margins, connected narrative passages and texts arranged in prose and poetic sequences rather than in the traditional numbered chapters and verses of the King James version...