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Show Sears, Roebuck & Co, 40 Per Cent Dividend CHICAGO, April 19 Directors of Sears, Roebuck and company, a mail order house, today voted a forty per cent dividend to be paid July 15 to' stockholders of record Jur.o 15. The company's outstanding common slock now totars $75,000,000. The new, issue of $30,000,000 will have a valuoj in excess of ?60,000,000 as the stock is, quoted at $23G a share. j The dividend will be paid by capitalizing capi-talizing part of the company's accumulated accumu-lated surplus earnings which on De-I comber 31, 1919. totalled $35,759,919. i Sears. Roebuck stock sold as low as $20 a share in 1907 when $30,000,000 ' was outstanding. With stock dividends paid the stock now has an aggregate1 market value of $690. I no I |