The scheme uses the magic of futures and zero coupon bonds to achieve that, meanwhile you collect a 3 per cent dividend.
The company he formed with a capital of 700,000 francs paid 100 per cent dividend in its first year of operation.
Because of this financial wrangling, the company issued a 5 cent dividend on their common stock- the first in 11 years.
Six and a half per cent dividend.
But the net cost of 1 million raised from selling shares with a 10 per cent dividend is 100,000 per annum.
These were entitled to a 10 per cent preferential dividend and to participate with the ordinary shares equally in the surplus.
In 1929, tolls were £3,750, although revenue from other sources increased income to £5,270, and a 3 per cent dividend was paid.
The last act of the directors was to pay a 7.5 per cent dividend on the shares in 1950.
In the first year of operation for the company, a ten per cent dividend was paid to shareholders from profits.
For instance, a five cent dividend pays five cents for each share owned.