Word: dividend
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...article entitled "Gray's Eminence" [July 23], relating to the proposed merger between The Signal Companies and United Aircraft, it is stated that the present dividend on Signal's common stock is 50? a share...
...dividend on Signal's common stock is 60? a share per year. It is also stated that Signal's earnings have "dwindled" from $90 million in 1968 to $41 million in 1972. In 1968 Signal reported net income, before extraordinary items, of $52.3 million. In 1972 net income, before extraordinary items, was $42.7 million...
...will help United reduce its dependence on federal contracts for 51% of revenues. Signal shareholders, who have seen earnings dwindle from $90 million in 1968 to $41 million last year, will start receiving dividends more than triple Signal's present 50? a share. Some Signal directors were reluctant to team up with United; the firm took a $44 million loss in 1971 because of difficulties in making the Boeing 747 engines. But United Aircraft's juicy dividend and Gray's indefatigable energy won them over. Signal President Forrest N. Shumway and Chairman William E. Walkup will join...
...Dividend Movement. The slaughter at the airport, cabled TIME Correspondent Charles Eisendrath, rose from the fact that "in important respects Argentina today resembles Germany just before Hitler. It has been ravaged by an inflation that has impoverished the workers and terrified the middle class. Fascists and Marxists have begun fighting in the streets. Millions of Argentines looked to the return of Perón for both change and national unity, but the battle near Ezeiza Airport shows that the Peronist movement is as deeply divided as Argentina itself...
...next step is for Chicago's people to respond to the plan in public hearings. Then the planners recommend that a limited-dividend company with public and private ownership be set up to hold land, coordinate the projects and raise most of the seed money-all tasks beyond the scope of ordinary developers. Initial funds could come from the sale of special revenue bonds. Later, income from completed projects could be used to underwrite more improvements elsewhere in the city...