Word: dividend
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...BIGGEST DIVIDEND increases paid to stockholders this year have come from financial companies (payments up 39% from year ago), office-equipment makers (up 20%), shipbuilders and ships operators (up 15%), retailers (up 12%). Biggest drops came in mining (off 24%), textiles (off 24%), railroads and rail equipment...
Rosy-cheeked Donor Wolfson formally declared the center open, accepted a gold key and quipped: "First time in my life I've ever received a golden dividend on opening day." There were prayers, speeches, readings of messages and singing of psalms. Two Yemenites ended the ceremony with a blast on twisted ram's horn shofars...
President A. B. Homer, as "some indication of our confidence in the future." Jones & Laughlin Steel continued its 62½? dividend, though its first-quarter earnings plummeted to 17?, v. $1.89 last year...
...ailing auto industry, the Chrysler dividend was a casualty. President Lester Lum Colbert reported a first-quarter loss of $15,139,802, almost $2 a share, and reluctantly announced a cut in the dividend from 75? to 25? to conserve cash. Ford did much better, though its earnings dropped from $1.85 in the first quarter of last year to 42? in the first quarter of this year. Nevertheless, it will pay its next quarterly dividend...
While there was some trimming of dividends in other industries, along with some boosts, there was also many a company that continued the same dividend, even though not earned. Sylvania Electric, expecting increased defense business and a gradual improvement in consumer lines, held its 50? dividend, v. earnings of 30?. Carrier Corp. cheerily declared its 60? dividend, even though in the seasonally slow first quarter, earnings were only...