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Larger Dividend Increases Rockefellers Share Of Standard Oil
The Standard Oil Company paid a quarterly dividend of 12 per share, up $2 from last year, bringing the annual total to 44 per cent or $44,011. John D. Rockefeller is credited with about 32 per cent ownership and roughly $15,000,000 in yearly receipts. The four quarters this year were 20, 7, 5, and 12 per cent. The increased payout reflects higher oil earnings and no surplus. Standard Oil leads global dividend payouts.
MENTIONED IN THIS ARTICLE
New York
John D. Rockefeller Ia
Standard Oil Company
Standards Company
Standard O1
United States Steel Corporation
Standard Oj Company
Standard Ol Company
John D. Rockefeler
Pennsylvania Railroad Company
Rockefeller Corporation
Rockefeller