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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 17, 1998

Page

20

Dividends explained and questions about yields

A concise guide clarifies dividends and yields, how to read pay dates and ex-dividend dates, and what payout ratios imply for growth. It covers board declarations, record dates, and how market price moves when dividends are paid. It notes the difference between dividend and yield and advises investors on income versus growth.

M Company Board of Directors XYZ Company Susan Bondy Cedar Rapids P.O. Box

Money funds see slight yield declines week to week

The seven day average yield on money market mutual funds eased to 4.97 percent in the week ended Tuesday from 4.99. The 30 day yield slipped to 5.00 percent from 5.01, while seven day comp and 30 day compounded yields also edged lower. Average portfolio maturity stayed at 58 days. Bank Rate Monitor reported flat yields for money market accounts at 2.52 percent and for interest bearing checking at 1.20 percent with six month CDs at 4.67 percent. Total assets of 593 retail funds rose $52.7 million to $703.94 billion, with total money market assets at $1.163 trillion.

New York IBC Money Fund Report Ashland Mass IBC Financial Data Inc IBC Financial Data Money Funds Bank Rate Monitor Savings and Loan Associations North Palm Beach Fla Investment Company Institute

Relative Value as Money Sense for Kids and Families

Neale Godfrey explains relative value as the cost of goods in terms of labor or time. The piece offers practical lessons and games to teach children priorities, budgeting, and comparison shopping to foster a healthy financial future.

Neale Godfrey Vor Associated Press Disney World

Survey shows retirement gap in baby boomers savings

A survey of 1,000 baby boomers finds only a median $65,000 saved in 401(k) plans with a $9,837 median credit card debt while about 70 percent plan to work after retirement. Women show smaller balances, men larger, and many feel options overload. Treasury Direct toll free help line provided.

Knight Ridder Money Christopher Hayes Tomor Scudder Kemper Hayes U.S. Department of the Treasury Treasury

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