Word: dividend
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...corporate indicators go, earnings are usually proof of what has been, dividends an indication of what is yet to be. Even in strong years, companies seldom raise dividends unless they feel able to justify the increase by favorable prospects. Last year General Motors chalked up the highest corporate earnings in history; anticipating an even better 1965, G.M. last week raised its quarter-year dividend rate from 65? a share...
...decision also indicated broad confidence in the economy, and many other companies shared its mood. In January, 203 corporations raised their dividends v. 183 a year earlier, according to Standard & Poor's. Among them: Union Carbide, Socony Mobil, Lockheed Aircraft, International Harvester, Coca-Cola, Allied Chemical, American & Foreign Power and Lukens Steel. General Dynamics, which has not paid a dividend in 44 months, last week announced that it will resume quarterly 250 payments...
...This was the first touchdown in last week's National Football League championship between the Cleveland Browns and the Baltimore Colts (see SPORT). Almost half the people in the U.S. saw the play, some 80 million of them on CBS television, and the TV viewers got a bonus dividend that the people in the stadium could not have. Instantly after the touchdown was scored, the same play appeared again on their TV screens; but this time the picture concentrated on Collins, running his pattern through two zoning defenders, cutting for the corner, then cutting back toward the goal posts...
...second year in succession, the dividend check I have received from the Harvard Cooperative Society has been less than half the sum due according to the total of my purchases as verified by receipts. I can report that this is merely the second year only because I did not begin saving receipts before then; however, the reason I started keeping them was because for several previous years my dividend checks seemed quite small compared to my recollections of purchases made. I am glad to say that in both years the Harvard Cooperative Society immediately and without question paid the amount...
...demonstrate confidence in their predictions, the automakers scheduled the production of 2,600,000 autos in 1965's first quarter-a record for any quarter-and announced vast increases over 1964 in their spending plans. By maintaining what Chairman George Love calls a "conservative dividend policy," Chrysler was able to raise its capital-spending figures by $50 million to $350 million, 80% of which will be spent in the U.S. Ford hiked its program 50% , will spend $400 million at home and $300 million overseas, although President Arjay Miller said that strike-incurred losses had cost the com pany...