Word: dividends
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Dates: during 1920-1929
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...utility companies, recognizing Combustion's strategic position, considered merging with it, then withdrew after viewing the involved finances and small amount of actually liquid assets. Significant to Wall Street was the fact that President George Edward Learnard, onetime Boston bookkeeper resigned Dec. 6, four days before the preferred dividend was passed...
...most prosperous company. In the 19th Century the Royal Mail Steam Packet Co. (dating back to 1839 when it was comprised only of swift sailing vessels bearing mail over the South American and West Indies routes) was rich and powerful. But by 1902 it was forced to omit its dividend...
Last week, upon announcement of the dividend omission the stock tumbled from a resting place at 33 to a new low of 27 while the preference stocks concluded a drop that carried them from...
Bullish corporate developments late in the week were many. An extra dividend of 30¢ was declared by General Motors Corp. Radio Corp. of America, long the prime scoffing object of "inflation" criers, showed earnings of $8,729,389 for the third quarter, compared to $1,409,299 in the preceding quarter. Announcement was made that the $250,000,000 patent suit brought by Bethlehem Steel Corp. against United States Steel Corp. had been settled out of court. The Aviation Corp. announced it had used part of its $20,000,000 cash surplus to buy stocks other than aeronautical securities...
...bank stocks, formed affiliated companies, buying stock in one and then selling it at a profit to another. In turn the affiliates used their resources to support the market in Bankers' Capital stock. From this procession of intramural deals Bankers' Capital last year earned enough to pay a special dividend of $17 a share ($2,000,000). Outstanding stock of Bankers' Capital and affiliated companies came...