Word: dividend
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Dates: during 1930-1939
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...trend toward huge cigaret sales, was the first big industrial corporation to announce earnings for the calendar year 1934. R. J. Reynolds Tobacco Co. made $21,536,000, slightly more than in 1933. Stockholders were pleased to learn that Reynolds' directors had decided to continue the regular $3 dividend paid all during Depression...
...Premier Flandin who kicked Governor Moret upstairs. The majority of the stockholders of the Bank of France, more than half of whom own only one or two shares, have almost no authority, almost no function except to receive dividends. They receive a yearly dividend of some 300 francs on their 1,000 franc par shares which sell on the Bourse for some 10,000 francs. To the heirs of Frenchmen who bought a share at par and tucked it away in the family stocking when Napoleon I founded the Bank of France, the return on investment is thus...
Wilson. Long before Wilson & Co. profits were announced last week, financial writers were busy calculating in print how large a dividend Wilson could declare under the recapitalization plan announced last month. With dividend arrears of $26.25 per share on the 7% preferred and $20 per share on the Class A, the board of directors had approved a scheme for substituting 1) 1,4292 shares of new $6 cumulative preferred for each share of 7% preferred and arrears; 2) five shares of new common stock for each share of Class A and arrears; 3) one share of new common stock...
Last week the company announced 1934 earnings of $3,833,000, which would be about 90? per share under the new plan. The management had already declared that the earnings would justify a dividend after the plan is approved. If so, it will be Wilson's first common dividend in 13 years...
...list they came upon the figure $2,047,000. representing G. E.'s sole remaining bond issue. Thereupon they voted to use their surplus cash to retire the bonds at $105 and the special stock at $11. G. E. special, issued in 1922-26 as a stock dividend on the common, will be retired by April 15, 1935, the bonds later in the year. Total saving in dividends and interest...