Word: dividend
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Dates: during 1930-1939
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Westinghouse sales declined 69%, GE sales 67%. And while Westinghouse was unable to make any money for three years, GE managed to show a $13,000,000 profit even in 1933. GE's profit for last year was $27,000,000, inspiring a boost in quarterly dividend payments on its 28,800,000 shares from...
From his Chicago office, strapping President Carl Eric Wickman announced that Greyhound Corp., with net profits of $4,673,465, had earned $7.55 a common share after paying preferred dividends. The dividend on one Greyhound common share was thus $5.30 more than Carl Wickman made in his first bus operation...
...only 800 shares changed hands on Feb. 26 and only 625 on Feb. 27, Lead stockholders preferring to keep their stock rather than take their profit. The shares have long been a widows-&-orphans' favorite, a gilt-edge security that has paid at least its regular $5 common dividend throughout Depression. Only 300,831 shares of common are outstanding and 25 individual holders have blocks of 1,000 shares or more, with these relatively large holdings amounting to about 47,000 shares. Another 58,000 shares are held by individual owners with less than 100 shares each, and about...
...lead alloys, particularly Babbitt metal (a lead-tin alloy used in bearings), type metal and solder. It is one of the largest U. S. tin users, with an interest in Simon Patino's Bolivian tin mines and in other tin producers. National Lead has not missed a preferred dividend since 1893, a common dividend since...
...average of 61,000,000 calls per day in 1935, a little more than 4% increase over 1934. The Bell System took in $934,371,000. Profit was $132,795,000, about $21,627,000 better than the previous year. A. T. & T. paid its usual $9 common dividend, earned $7.11 a share, charged the remaining $42,000,000 to surplus. The 1934 earnings were $5.96 a share. Telephone stock sold at $172 last week, about 24 times earnings. But the $9 dividend on a $172 investment was returning better than 5.2%, a high yield in current low-interest days...