Word: dividend
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Dates: during 1930-1939
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...Franklin) are 25% of the total U. S. cane output. Also great was Spreckels Sugar Corp. whose tablets (Caneheart) were 6%. Depression has hit both companies. Last fortnight American Sugar, whose chairman Earl D. Babst has no faith in stabilization projects, bowed to the gale and cut its dividend from $5 to $4. And last week the same gale toppled Spreckels Sugar into a receivership...
...Dividend payments for the last week of 1931 came to about $1,000,000,000, some 10% less than in the previous year-end. Total disbursements for 1931 were estimated at $4,500,000,000 against $5,000,000,000 in 1930. The loss is accounted for by 2,650 dividends which were either cut or omitted during the year. Sixty-nine dividends were resumed during the year, 129 extras declared last month...
Because earnings have been improving, the Hershey balance sheet has remained strong. Last week the directorate met in Hershey, Pa. and?rare action in this year of grace?increased the dividend from $5 to $6.* Immediate beneficiary is the Hershey Industrial School, where 350 boys and young men learn useful trades. The school has 500.000 of the company's 706,520 common shares held in trust for it. On the directorate which voted the raise were Cousin Ezra F. Hershey and John E. Snyder, onetime postman. When in 1886 Founder Hershey began making caramels in a little alley, Postman Snyder...
...Last week E. R. Squibb & Sons ordered an extra dividend of 250, making 1931 payments $1.50 against $1 in 1930. National Cash Register last week passed the dividend which it had resumed three months...
...Grunow acquires worldwide Columbia marketing outlets. The voting trustees of Columbia Phonograph Co. who made the announcement are: President Henry Cantwell Cox, Artemus L. Gates, president of New York Trust Co., and Fred Warner Shibley, vice president of Bankers Trust Co. Columbia stockholders will get a $10 cash liquidating dividend from their own company and four and four-tenths shares of Grigsby-Grunow stock for each share held. At current prices of about $1 a share for .Grigsby-Grunow, Columbia's 82,524 shares will thus bring some $363,000. House Changes. Year's end is house-cleaning time...