Word: dividend
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Huge Appetite. M.I.T.'s aggressive leadership spawned a whole line of imitators and variations: ¶ The unrestricted common stock funds such as M.I.T., which like to keep a balance between dividend and growth stocks. ¶ The growth funds, which are concerned not with dividends but with long-term capital gains (M.I.T.'s own growth fund). ¶ The balanced funds (Philadelphia's Wellington Fund), which keep their money in both stocks and bonds and shift the balance as the market changes. ¶ The income funds, liked by elderly or retired investors, which concentrate on high-yielding stocks (Manhattan...
...most Wall Streeters and nearly all stockholders like splits. A split produces an optimistic psychology among investors; it seems to promise that things are going well with the company, especially when the split is accompanied by a hike in the dividend. Corporations like splits because they keep the price low, broaden the market for their securities. Many an investor would rather buy 100 shares at $15 a share than ten shares at $150. Atlantic Refining was selling at $86 and losing stockholders when it split its stock in 1952. In the following few months its list of stockholders increased...
Many investors believe that splits bring higher prices, but this is not necessarily so. To push up the price the company must also raise the dividend. After a two-year study, C. Austin Barker reported in the Harvard Business Review that 75 companies that split their stock and raised the dividend quickly gained 18% in price over and above the rise in the market, held the gain six months later. But a group of 13 companies that split their stock without raising dividends temporarily gained only 5% in price, dropped back 8% below the market level...
American Motors earned $2.10 for its second fiscal quarter, boosting first-half earnings to $5.66 per share v. $1.25 during the same period last year. For the first time since 1954, American returned to a quarterly cash dividend program, declared a 60? payment. With the peak sales season coming up, President George Romney said he "anticipates an even higher level" of production, sales and earnings...
...signed up. Lear profits in the first quarter of its fiscal year ran 33% ahead of 1958 (which registered an 87% gain over 1957) to better than $400,000. The backlog of firm orders was up to $77 million, biggest in the company's history, and a 10? dividend was declared, the third such quarterly dividend in a row. Last week Bill Lear was looking for more. He got ready to fly to Japan to line up Japanese engineering and manufacturing talent for production of a new private plane to cash in on the world market for private flying...