Word: dividend
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...record of more than 1 billion revenue passenger miles, sent its earnings soaring to $5,960,617, a full 51% above the comparable period last year. Lockheed Aircraft Corp. pushed its profits up to $6,000,000, or 76.5% above 1953's third quarter; it raised its quarterly dividend from 50? to 60?, declared an extra 50? cash and a 5% stock dividend...
...first nine months, said Price, Westinghouse sales of $1,213,000,000 broke alltime records, along with earnings which were up 17.7%, to $62,644,000 ($3.77 per common share). Moreover, President Price reported a general quickening of business, and the board of directors declared an extra 50? dividend. Despite a 7% dip in sales, General Electric rolled up a new nine-month earnings record of $140,691,000, about 20% above the figure for last year...
...building materials continued their climb. Owens-Corning Fiberglas profits rode the building boom up a whopping 53.6%, to $2,293,257. Standard Oil of California boosted 1953's third-quarter profits by 4.2%, to $50,876,733, and tacked an extra 75? onto its regular 75? quarterly dividend. But Standard Oil Co. (N.J.) eased off 11.5%, to $145 million...
...Union Pacific, did almost as well as last year, most of them reported a drop in profits. But many of them also reported that traffic was picking up. The Pennsylvania, which had been in the red most of the year, moved into the black in September, declared its first dividend of the year (75?). One of the best performances was turned in by the New York, New Haven and Hartford under new President Patrick B. McGinnis. Its quarterly net was $2,591,190, a big 64.4% over last year's third quarter...
...taxes, this effect is especially apparent. Statisticians have estimated that, of every dollar of tax reductions under the new law, only six cents will go to the 74 percent of the nation's families whose annual income is less than $5,000. The reduced tax on dividend income and the ending of the excess profits tax, of course, take the burden off of corporations, and affect the public only indirectly...