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We are not doing it for anyone's business or stock dividends.
I live now on stock dividends,' his voice came back.
The company said the split would be in the form of a 100 percent stock dividend.
But at about 6 percent, the interest exceeds most stock dividends.
The 2003 tax law lowered the rate on stock dividends to 15 percent.
The banking company raised its common stock dividend by 12 percent a year ago.
Share earnings are after giving effect to 5 percent stock dividend in April 1989.
It had held, however, that the stock dividend was the equivalent of income.
Under California law the stock dividends were attributed to the life tenant.
The interest on these bonds is paid, like stock dividends, from company earnings.
The per share figures are shown before the effect of the stock dividend paid in March.
The first would eliminate income taxes for individuals on most stock dividends.
The preferred shares would pay stock dividends for the first five years and cash from then on.
The new retirement plans would shield much more than income from stock dividends.
The company said share results reflect payment of preferred stock dividends.
Per share figures reflected a 100 percent stock dividend paid last July.
It has also slashed its common stock dividend nearly in half, to 72 cents a year.
Even smaller losses could put pressure on the stock dividend, some investors said.
And there are questions like should we do a stock dividend, what does that mean to the investment community, how will they react to it.
Share earnings reflect a 10-percent stock dividend paid in December.
Share earnings reflect a 7 percent stock dividend paid on June 20, 1989.
Per share figures reflect a 20 percent stock dividend to be paid January 31.
He said it was unlikely, however, that the bank would restore its common stock dividend in 1987.
The company did not comment on when common stock dividend payments might be resumed.
A shareholder's assets do not grow after this sort of stock dividend.