Word: dividend
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...retool for the Model A. While Ford was shut down, G.M. drove past; it has never been in second place again. By the time the Depression came, Sloan had G.M. in such good shape that it rolled through the '30s without ever failing to pay a dividend. After the Depression eased, Sloan began a thorough modernization of G.M.'s plants, pushed auto refinements that led to better steering and automatic transmissions. In 1946 he gave up the chief executive post to Charles E. Wilson, but stayed on as chairman of the board to help guide G.M. into...
Dallas has more glitter than Houston. As the regional headquarters for scores of national corporations, its offices and light industry stretch for miles in spanking new modernistic structures. Industrial areas have such street names as "Dividend," "Profit," and "Currency." The city spurted when East Texas oilfields came in and farsighted local bankers had the courage to lend money on the basis of oil still below ground. Now, in its frantic effort to keep up with Houston, it is building two 50-story office buildings-mostly, it seems, because Houston has the tallest west of the Mississippi in the 44-story...
...John Augustus Sutter were alive today, he would fold his mill and buy into the Columbia Broadcasting System. CBS announced last week a proposed 2-for-l split of its common stock. It also raised its quarterly cash dividend from 35? to 45? a share...
...increase last week? The Fed believes that the recent flurry of stock splits and dividend increases has at last begun to tempt many small investors back to the market, and it wants to protect them from going too far out on a limb. Loans for stock purchases have jumped 43% in the past 16 months to $6.9 billion. While this is little more than 1% of the value of the shares on the New York Stock Exchange, the Fed figured that the upward trend meant it was time for tightening, and felt that the market was strong enough to take...
...People's Share. To the delight of U.S. investors, some of the profits were promptly shared. In October, 105 companies raised their dividends, reported Moody's Investors Service. So far this year, 937 companies have boosted dividends. Last week IBM increased its dividend by 250 for the second time in 1963, to $1.25 a share. Deere & Co., with profits up 30% in a bumper crop year, raised its dividend a nickel to 600, declared a year-end extra of 350 and proposed a two-for-one split...