Word: dividend
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Dates: during 1930-1939
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Good Humor Corp. of America declares dividends whenever the idea pops into the busy head of Michael J. (''Mike") Meehan. Last week Mr. Meehan passed out a 50¢ dividend. Most of the half dollars clinked into Mr. Meehan's personal pocket. A few found their way to his good friend Alfred E. Smith...
...going to take what we produce, increase it scientifically, and distribute it to all. Like any company the Province of Alberta will deposit security in the banks, then instruct the banks to credit we citizen-shareholders with $25 each monthly. The citizen will draw on that credit, his 'dividend check' being the same thing as cash-and naturally just as good...
...trade, a big bulge in carloadings (see p. 56), re-entry of the House of Morgan into the securities business (see below) and pegging of Canadian wheat at 87½¢ per bu. General Motors reported a striking sales gain in August over July. General Electric boosted its quarterly 15¢ dividend to 20¢. Furthermore, the stockmarket had already resumed its upward surge two days before the President's letter was published...
...shares of no-par preferred stock paying $2.75. Part of the three or four million dollars thus raised will be used to retire a small outstanding issue of $3 preferred, the rest added to working capital. Next week, also, the Cohns will ask stockholders to approve a 50% stock dividend on the common stock...
...right to determine how much every utility may write off to depreciation?an enormously important power since net earnings may be radically altered by write-offs. SEC may also decide whether any dividends shall be paid by any utility under its jurisdiction. This means that before a holding company receives a return on its investment in a subsidiary, the dividend must first be authorized by the Commission. Finally, as all the world knows, SEC must order holding companies to limit themselves to "a single integrated system" (with certain exceptions), must abolish all holding companies more than twice removed from their...