Word: dividend
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...North American last week had the industry's fourth biggest backlog, an estimated $410 million. Its sales have risen from 1947's low of $20 million to $124 million last year and have continued to climb this year. Last week, North American declared a 75? quarterly dividend...
...Pont de Nemours & Co., which netted $218.6 million compared to $135.9 million in the first nine months of 1949, declared a year-end dividend of $2.25, making a total of $5.35 per share in 1950, or $1.95 more than last year...
General Motors Corp. last week voted to pay all its 430,452 stockholders the biggest year-end cash dividend in U.S. corporate history, $223.7 million-$36.9 million more than last year. To the 399,989 holders of common stock, G.M. will pay a dividend of $2.50, making a total equivalent to $6 per share for the new split stock...
...company officers not to sell, to "keep this fine old Canadian company Canadian." At the Dominion Insurance Office's behest, Canadian Finance Minister Douglas Abbott took one step to repel the invaders. He announced last fortnight that he would sponsor a bill to "freeze" Canadian insurance companies' dividend-payment policies...
...shares 10-for-1. Said a company spokesman: "I think we've stopped the raid." But it already looked as if the Aliens might cash in on their latest "special situation." To keep the loyalty of its other stockholders, jittery Sun Life last week hinted that the $2 dividend rate on the split stock would soon be boosted to $3 a share. If so, Stockholder Allen would get the raise, along with the rest...