Word: for1
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Dates: during 1960-1969
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...other industry giants, General Foods Corp. and American Tobacco Co., also had good news for stockholders. General Foods directors recommended a 2 for1 split, boosted the quarter common-stock dividend from 65? to 70?. At the annual meeting, American Tobacco Co. stockholders approved a 2-for-1 split, with a planned quarterly dividend increase of 7½? per share, to 57½? on the new shares. Company President Paul M. Hahn told shareholders that sales and earnings in the first quarter this year would exceed the first quarter last year, when American Tobacco earned $1.85 per share on sales...