Word: dividend
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General Motors was estimated as having earned $100,000,000 in the first six months against $151,860,000 last year. This was more than enough to cover the liberal dividend on its common stock...
Opening their dividend envelopes last week, Chrysler Corp. stockholders found, in addition to a check a letter from Board Chairman Walter Percy Chrysler. He told how the company has been expanded and rounded out since the Dodge Bros. Inc. acquisition two years ago, said it is in a better competitive position than ever before. Of the five points given to uphold this claim, most meaningless and general seemed Point No. 5: "A new basis of co-operation between management and employes . . . marks a distinct step forward in common sense industrial relations...
...Oakland Post-Enquirer, Los Angeles Examiner, Los Angeles Herald, Seattle Post-Intelligencer, American Weekly.* Aggregate net profit of these properties for 1929 was $12,854,626.69; their funded debt is $38.547,500. Their net profit from 1926 through 1929 averaged $11,017,873.71 or 3.14 times the 7% preferred dividend requirement...
Last week, indeed, George Washington Hill, able and aggressive American Tobacco president and dictator, announced a 2-for-1 stock split, an increase ($8 to $10) in dividends, and a doubling of 1930 profits over 1929. Yet American Tobacco stockholders have been asked to approve an increase in common and common B stock from 3,000,000 to 6,000,000 shares, with an extra dividend of $4 on the old stock and a $5 dividend on the new. In 1929 American Tobacco showed net earnings of $30,182,669; on the basis of the 100% net increase announced...
...appearance for its greatest effect. Mr. Hill added that his 1930 advertising appropriation had been increased over 1929 by $2,300,000; an increase which would give to Lord & Thomas and Logan (American Tobacco's advertising agency) an account spending more than $14,000,000 a year. The dividend which American Tobacco will pay Sept. 1 will be the 100th consecutive quarterly dividend on American Tobacco Common...