Word: dividend
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...registration gave outsiders their first peek at Macmillan's financial statement. In the last ten years, its gross had risen from $6.8 million to $13.2 million in 1950. Net profit last year was $627,700; dividends totaled $1.50 a share. Macmillan had been able to pay a regular dividend every year since 1898 by concentrating on the educational and textbook field, where the profit margin is higher than that for trade (i.e., general reader) books...
...Christiana Securities Co., the Du Fonts' family holding company, which owns more than 27% of Du Font's common stock, paid a year-end dividend of $174.25, bringing the total for the year to $407.25 v. $258.60 in 1949. Price of Christiana stock: $5,400 a share...
...Eastern Airlines Inc., observing that "unsettled conditions have been substantially eliminated" in the airline industry, voted to resume paying its annual 50? dividend, which it had skipped for the last three years...
...Republic Steel Corp., which netted $56.3 million v. $35.3 million last year, voted a year-end extra dividend of $1.50 along with its regular quarterly...
...Milwaukee has paid off all arrears on its preferred stock, has $25 million in cash, and this year will probably show a net income of $15 million after all fixed charges. The future looked so bright that Crowley announced a $2 dividend on the common stock, the first the Milwaukee has paid in 33 years. Obviously, shrewd Leo Crowley hoped that grateful stockholders, when they get voting power in May, would vote continuance of his regime...