Word: dividends
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...September, when the market was higher than it has been since. From G. M. itself also came a note of caution: Yellow Truck, its almost wholly owned subsidiary, has enough business to carry it through June 1940, had been set to pay off its $14-a-share preferred dividend arrearage. Instead, the G. M. management drew in its horns, paid only half...
...businesses, Curtis Publishing hit its earnings zenith in 1929, when it reported a net of $21,534,265, an all-time high for any publishing enterprise. Holders of its 7% preferred (of which 722,714 of 900,000 shares are now held by the public) got their dividends as they had for years. Holders of its common got $8 in dividends, felt they had a fine investment in a stock which was selling at $132 before the October crash. But by the depth of the depression in 1932 the dividend on common had dropped to $1. Since then, no holder...
Except by comparison with its past records and its huge preferred dividend requirements, Curtis did not do badly in Depression or Recovery. But for 1938 Curtis was able to report a net of only $1,279,163, declared only $1.50 for the year on its preferred. For the first nine months of this year...
Early last month Curtis Publishing Co. stockholders received a proposition. It was a Plan. Its proposals: Let holders of 7% preferred agree to exchange up to two-thirds of the total shares held for a $4.50 prior preferred; let the new shares have preference over the old in future dividends but no rights to accrued dividends. This arrangement would cut gross preferred dividend requirements from $6,300,000 to $4,800,000 and lop off two-thirds of the accrued dividend bill (saving well over...
Steel production stood at 95%; cotton, wheat and other agricultural products showed strength; the automobile business was booming, except for strike-bound Chrysler; third-quarter reports of U. S. business were sensational; many a dividend check-regular, and extra-was going into the mailman...