From the Rolls-Royce experimental archive: a quarter of a million communications from Rolls-Royce, 1906 to 1960's. Documents from the Sir Henry Royce Memorial Foundation (SHRMF).
Extract from 'Automotive Industries' regarding a General Motors dividend announcement.
| Identifier | ExFiles\Box 128\1\ scan0285 | |
| Date | 6th November 1937 | |
| 1104. Extract from "Automotive Industries" of Nov. 6th. 1937. G.M. TO PAY $1.50 DIVIDEND. Directors of the General Motors Corp. declared a dividend of $1.50 at a meeting Nov. 1. The payment raises the total for this year to $3.75 compared with earnings for nine months, reported a week ago, of $3.40 a share on the common stock. The dividend just declared will be paid Dec. 13 to stock of record Nov. 12. In 1936 the company paid a total of $4.50 including $1.50 paid Dec. 12. G.M. has paid two dividends of $1 each and one of 25 cents, the latter declared and paid during the strike period early in 1937. The regular quarterly dividend of $1.25 a share on the preferred stock was also declared Nov. 1, payable Feb.1 1938, to stock of record Jan. 10. | ||