Word: dividend
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...Germany's ex-Kaiser Wilhelm....Carol of Rumania plumped bag and baggage down in Havana at last, told 60 reporters and cameramen he was "a simple refugee." .... Finally legit picaresque Harry ("Prince Michael Alexandrovitch Dmitry Obolensky Romanoff") Gerguson paid stockholders in his Beverly Hills eatery their first dividend: 18? on each $50 share...
...Esquire-Coronet revealed its 1940-41 earnings, but five weeks ago Publisher Smart, intimating that they would be about $300,000. announced a $150,000 semiannual dividend. Of the indictment which descended on them last week the Brothers Smart declared that they had been advised that their stock-selling activities did not involve even a technical violation of the Securities & Exchange...
American Telephone & Telegraph consolidated earnings for the first quarter (ending Feb. 28) jumped to $63,165,413-22% over 1940. This was $3.38 a share, but stockholders (whose dividend stays $9 in good times and bad) were cautioned that costs may soon overtake rising profits...
...relatively inflexible overhead, their profits tend to rise faster than their sales. In the fiscal year ended Jan. 31, 1941, Gimbel Brothers upped earnings 67% on an 8% sales gain; Associated Dry Goods lifted profits 15% while sales rose 3%. Last week Marshall Field paid twice its usual dividend; Bloomingdale also increased its payment...
Hearst Consolidated was formed in 1930 to supply big-spending William Randolph Hearst with more cash. It was sold to the public mainly by advertisements in Hearst publications. Combining twelve of the best Hearstpapers and the lucrative American Weekly, Hearst Consolidated easily earned the $1.75 annual Class A dividend through 1937. In 1938 the recession cut its profits to almost nothing. But the Class A has a catch clause: failure to pay four consecutive dividends puts control in the hands of the 1,930,086 outstanding shares. Hence, Hearst management turns cartwheels to pay at least one 45? dividend...