Last week the General Motors Corporation* declared an extra dividend of $1 a share on the outstanding common stock. This is the second increase in payments to common stockholders this year. In March the stock was placed on a $6 annual dividend basis by raising the quarterly dividend from $1.25 to $1.50.
Several other companies last week declared extra dividends.
Directors of the Eastman Kodak Co. paid 75ยข a share on the common stock.
The McCall Publishing Co. gave $8 a share on account of arrears due on the first preferred stock.
The U. S. Gypsum...