Business: Extra Dividends

An unusual number of extra dividends have been declared recently by prominent American corporations. Following the now historic increase of the Steel Corporation common dividend to 6%, the Vacuum Oil Co., Ingersoll-Rand Co., Eastman Kodak Co., U. S. Gypsum Co., Bucyrus Co. and others have also made extra disbursements to stockholders.

Ingersoll-Rand was perhaps the most lavish, declaring an extra cash dividend of $20 and an extra stock dividend of 10%. Vacuum Oil's "extra" amounted to 50 cents a share. United States Gypsum disbursed an extra stock dividend of 20% on...

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