Word: dividend
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...stream of earnings reports reached flood stage last week, it appeared that 1955's first quarter was the best ever for many U.S. corporations. The combined first-quarter earnings of 484 corporations was 27.2% higher than for the same period a year ago, dividend payments to stockholders were up 6%, and only 17 companies failed to show a profit...
...Board Chairman Benjamin Fairless, earnings and production for the full year should be better than any previous year except 1953. Not to be outdone, Bethlehem Steel announced that its first-quarter earnings of $35,313,262 were also the best it had ever done in that period, declared a dividend of $1.50 a share. The outlook for the rest of the year was so good, said Board Chairman Eugene Grace, that Bethlehem will operate at 100% of capacity at least through July and capacity for the full year should average at least...
...last year's first quarter. The New York Central's Board Chairman Robert R. Young announced that in the first quarter, President Alfred Perlman turned in earnings of $11,813,010, compared with a deficit of $473,788 a year ago. Then Young announced a "regular" dividend of 50? a share, the same amount the road paid in January. Other less embattled railroads showed equally good profits. The Santa Fe earned $15,958,209 in the first quarter, v. $12,495,551 last year; in the same period the Pennsylvania earned $7,112,005 v. a deficit...
...favorite among speculators. General Dynamics has for weeks been among the most actively traded stocks and has risen 63% (to 65½ last week) in the past four months alone. In all, the stock has soared 130 points since Hopkins took control, taking splits into account. Yet its dividend is relatively low ($1.75 last year), and earnings, though rising, are hardly in line with the price of the stock. Last week Hopkins announced that General Dynamics earned $3,914,000, or 89? a share, in the first quarter, up from 74? a year...
...Dividend. In Indianapolis, Criminal Court Judge Saul I. Rabb rejected a request that the jury members in a robbery case be examined by a psychiatrist, commented: "There's no statutory requirement that a juror be sane...