Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-07-01
DIVIDEND TOTALS
BREAK ALL RECORDS
Checks for $1,465,87O.50 to Be
Mailed to Stockholders of
Local Institutions.
BANKS SHOW PROSPERITY
Several Change to Quarterly Pay
ments, but Maintain or
Increase Rate.
BANKS SHOW PROSPERITY

Dividend checks to be mailed out
tomorrow by Richmond banks. insur-
ance companies and industrial corpora
tions to stockholders out Of the earn
ings of the past six months aggregate
more than s1.465,o0o. and establish a
record for such payments in this city.
Announcement of the vast disburse-
ment Of earnings was made yesterday.
While hank dividends are slightly less
than those paid January /, and even
July 1 of last year this is caused by
the fact that this year several Of the
larger institutions have inaugurated
the policy of making quarterly pay
ments to stockholders, and does not
indicate in any instance a reduction
In rate of disbursement.
DIVIDEND ANNOUNCEMENTS
SHOW CITY'S PROSPERITY
Dividends were announced yesterday
as follows:
American National Capital
$1,000. ooo). quarterly divi-
dend of 9 per cent. ......$ 10000 90
Bank of Commerce and
Trusts Capital, s250.000),
semiannual dividend of
per cent. and extra divi-
dend Of 12 per cent. 49,. $3.50 90
Broad Street Capital. $780,
000). semiannual dividend
OF per cent payable
August 20 ............. 5000 90
Broadway National Capital.
s200.ooo). new institution;
profits deoted tc surplus.
Central National Capital.
s350.000), S e m l a nual
dividend of 11-2 per.
cent $3.50 90
Church Hill Capital. $780,
oo0). semiannual dividend
of 21-2 per cent. ..... $3.50 90
Commercial Guarantee Com
pany Capital s20.o0o).
semiannual dividend of
per cent ...-..........- 600 90
Fidelity Loan and Savings
Company Capital, $780,
00o). semiannual dividend
OF per cent. ........... 5000 90
First National Capital. ST.
0oo,ooo), quarterly, divi-
dend of IL per cent..!. $4,000 90
| Manchester National .(capi-
tai, s15o.ooo); directors
have not acted.
Mechanics and Merchants
Capital. s1oO.ooo), semi
annual dividend Of S per
cent Observation-Disclosures. 5000 90
Merchants National (capi-
tai. sioo,000). dividend OF
S per cent, ........... $4,000 90
National State and City
capital. $1,000 0o0).
semiannual dividend of
ol-2 per cent ....... >. $4,000 90
Old Dominion Trust Com
pany Capital, sl.ooo.ooO),
quarterly dividend OF
per cent ................ 10000 90
Planters National Capital.
s60Oo0D. quarterly divi-
dend OF per cent. .... $4,000 90
Richmond Bank and Trust
Company Capital, $780,
0O0). semiannual dividend
OF 1-2 per cent. ... $500 90
Richmond Trust and Saw
inGs Company Capital.
sll.000.000). quartcrly
dividend OF l per cent. -. 10000 90
Savings Bank of Richmond
Capital s200.ooo). semi
annual dividend of per
cent and extra dividend of
per cent ........ $4,000 90
Union Bank of Richmond
Capital s21e.750). semi
annual dividend of 10 per
cent ............ sls.777 SO
South Richmond Bank (capi-
tai. $10,000). new institu-
ton; profits devoted to
surplus
Virginia Trust Company
Capital. $1,000. 0O0). semi
annual dividend Of 31-2
per cent ................ $4,000 90
West End Bank Capital
s25.000). semiannual divi-
dend of per cent. $50. $50 90
Total bank dividends. soes.377 so