Word: dividend
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...Steel Corp. having declared a 40% stock dividend, President Coolidge, among 90,000 others, heard the news with personal interest. Holder of some 50 shares, he will receive 20 more, the dividend taking that form. It is estimated the shares should yield a profit of from...
...instruments by the tens of thousands to carry "canned music," on rubber records pressed in the Argentine, to hamlets, shacks and tents thousands of miles from a concert hall. The conduct of the swelling business was continuously under the direction of Mr. Johnson, whose relatives were enriched by unfailing dividends, including an 80% one in 1916 and a 600% stock dividend in 1922, until 1925, when the competition of radio made itself dangerously felt. But Mr. Johnson, mechanic-president, had seen the hard time coming. He arranged with the Radio Corporation of America for a combination radio and talking machine...
...Massey, in effect: "The physical improvements which the railroads have instituted the past few years make railroading easier and safer than theretofore. Eastern roads earned on the average 5.13% upon their investments last year, 2.76% in 1921 and 5.74% in 1916. This wage increase will detract from these meagre dividends and repel investors." The decision means that $4,000,000 must be deducted from the Pennsylvania Railroad's profits, that each of its 10,000,000 shares of stock (par value $50) surrenders 40? of his dividends. The Erie's wage tax increases...
...legislative handicaps. No other government regulates wages, conditions of work and contracts of its seamen as does the U. S., and to that extent at least foreign shipping concerns have had an advantage over U. S. competitors. Morgan's International Mercantile Marine has never paid a common dividend; its accumulated, unpaid preferred dividends are 64% of their face value; its yearly deficit has been, since 1923, $2,500,000. So the Morgan dream flits...
...experience in business is that the industry shipped over 700,000 automobiles to foreign countries." One man was exceedingly happy at the convention. He was Thomas Edward Wilson, who has worked hard on the Institute's educational program. His concern, Wilson & Co., last week announced an initial dividend of 3½% on its preferred stock, the first since its recent re-organization under court direction...