Word: dividend
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Scores of stocks, including regular dividend payers, were selling at an average of only three times earnings. Samples...
Before & after the wage increases, management argued that the U.S. was still getting no full dividend from full employment (60,000,000 jobs). Shortages tended to choke the full flow of production, and many a worker was so little worthy of his hire-and so little worried about losing his job-that productivity per worker was little if any better than in 1946. In short, 1947 could have been still better if everybody had worked harder and more efficiently...
Split-Up. Common stockholders of Bethlehem Steel Corp. voted to split their 5,000,000 shares 3 for 1. But Chairman Eugene G. Grace dispelled any hopes of a special cash dividend out of Beth Steel's high earnings: they were being salted away, he said, to "maintain a sound financial structure" and to meet maintenance charges of $90,000,000 a year...
...laboratory building and a $600,000 appropriation for research. Most of this will be spent in developing agricultural products that might create new industries. The Institute's work on sorghum as a source for dextrose and starches has already paid that kind of a dividend. Its new processes will help Corn Products Refining Co. refine some 6,000,000 bushels of sorghum a year in a projected $16,000,000 plant at Corpus Christi...
...first salvo, he charged that "in the past nine years Behn and his board of directors . . . have received more than $3,700,000 in salaries and fees while the . . . stockholders . . . have received nothing." l.T. & T. had not paid a dividend in 14 years, he pointed out, even though it showed profits in eleven of those years. Last year, when almost everyone else was making money, l.T. & T. lost $10 million. How, demanded Ryan, could the management explain away such a record...