Word: dividends
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...that Lance had received a $2,625,000 loan from New York's Manufacturers Hanover Trust Co. in 1975 and signed a note pledging 148,118 shares of National Bank of Georgia stock, plus any future income from that stock, as collateral. After Lance received an N.B.G. stock dividend of 14,657 shares in December 1975, officials of the New York bank futilely sought to get Lance to deliver those 14,657 shares, to which it was entitled. Insisting that the value of stock already given Manufacturers Hanover fully collateralized the loan, he did not turn over the dividend...
...August. Chairman Edgar Speer also indicated that some operations would be suspended at the company's Youngstown, Ohio, mill, and that construction of a $4.5 billion integrated plant in Conneaut, Ohio, might be postponed. At Bethlehem Steel, where first-half profits dived 88%, the board halved the quarterly dividend, to 250 a share, closed three small mills and made plans to lay off 7,300 out of 22,900 workers at plants in Johnstown, Pa., and Lackawanna...
...heat of the struggle, professional arbitragers -speculators who like to gamble on takeovers-picked up an estimated quarter of B & W's shares. To persuade them to sell to McDermott rather than United, B & W arranged a tasty lagniappe: a special dividend of $2.50 per share on top of the regular 37½? dividend, which will be passed back to present B&W stockholders by McDermott in October. (Harry Gray refused to do that.) That brought McDermott's effective offer to $65 per share...
...Forced this year to write off $2.3 million in bad real estate loans, the bank last week indefinitely suspended its 200-a-share quarterly dividend. That will cut the heavily indebted Lance's income by about $40,000 every three months...
...code of conduct. Says he: "One thing that still has to be considered is the question of what advantage this may give to foreign companies" if they are less scrupulous about making under-the-table payments to aircraft buyers. Investors obviously are not worried. Although payment of a dividend is a long way off, Lockheed's stock has about doubled in price this year, to around $ 18 a share...