Said General Motors Corp. Chairman Alfred P. Sloan Jr. last week: "A dividend increase at this time will help to keep [stockholders'] returns since the war more in line with the increased cost of living." G.M.'s contribution to the cause: a fat $2.50 extra dividend on top of its regular $1.50 quarterly payment. All told, G.M. stockholders will get $176 million for the quarter, of which $40 million will go to Du Pont, biggest G.M. stockholder. G.M. dividends this year already amount to $7 a share v. 1949's total payment of $8.
Other big companies followed suit. U.S. Rubber tacked...
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