Word: dividend
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...Corporation's books, which have been very largely reduced during the past three months. During the first six months of this year, net earnings have amounted to $8.47 a share on Steel common stock. This remarkable showing justified the directors in declaring, in addition to the regular quarterly dividend of $1.25 a share, the "extra" dividend of 50c inaugurated last quarter. Banker George F. Baker declared that the stock was now practically on a $7 basis annually ?and he ought to know...
...economists and bankers that should a commercially feasible method of manufacturing gold be worked out, it would have far-reaching results. Probably a huge period of inflation would fol- low. Bonds would on paper remain still, but actually depreciate in value measured in commodities. Stocks would soar unless their dividend rates were fixed. All commodity prices would rise. Another basis for money all over the world would have to be discovered, legislated upon, adopted. America, the richest nation in the world, would find herself loaded with tons of yellow metal useful only to fill teeth or roof houses...
Bethlehem Steel has a certain aura about it which has come down from War days. It was, all in all, America's greatest "war baby." Dividends on its common stock have not only been continuous since 1916, but they reached 7 1/2% quarterly on the 150,000 original common shares during 1916-1917 and in April, 1917, touched 10% quarterly. Accordingly, the recent omission of Bethlehem's dividend attracted more than passing interest. For the quarter ending June 30, 1924, the company earned $1,278,277 net, which amounts to only 11¢ a share on its present common stock...
...responsible for an increase of $6,000,000,000 in the annual earnings of 10,000,000 industrial workers of the U. S.−this on a total outlay of $4,000,000 in gifts and taxes for "American institutions of higher learning of all classes." Roughly, the annual dividend rate is 100% from physical sciences alone. Mr. Scott proceeded to cite biologists, their good works...
...dividend...