Ford Declares 90 Cent Dividend and 2 for 1 Stock Split
Ford Motor Co. board declares a 90 cent quarterly dividend payable March 1 to stockholders of record January 30 and recommends a 2 for 1 stock split with a doubling of authorized capital and a reduction of par value from 5 to 2.50. A special meeting May 24 will consider the proposal, effective May 31 if approved. The company has about 55 million shares outstanding and nearly 250,000 stockholders. Ford family holds 6.3 million, Ford Foundation 29.2 million, public 19.5 million.
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Dearborn, Mich
Ford Motor Co
Ford
Wall Street
New York Stock Exchange
Ford Family
Ford Foundation
Nixon Calls for Responsible Leadership Against Extremes
Former Vice President Richard M. Nixon, honored at a Whittier banquet, urges leaders to steer clear of radicals on both the far left and the far right and to pursue responsible governance.
MENTIONED IN THIS ARTICLE
Nixon
Nixon criticizes radicals on his 49th birthday banquet
In Whittier Nixon denounces radical fringes while urging responsible citizens to engage in politics. The event at Whittier College was hosted by the local Chamber of Commerce, marking his birthday. A separate AP report notes S. Dunn, 52, GM comptroller and Motors Holding of Canada treasurer, died Tuesday.
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Whittier Area Chamber of Commerce
Whittier College
GM Detroit
Ss. Dunn
General Motors Corp
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