Times Independent | 1968-05-02 | Page 14 | TGS Dividend Hits 30 Cents

TGS Dividend Hits 30 Cents The board of Directors of Texas Gulf Sulphur Co. on April 25 in Houston declared a quarterly dividend of 30 cents per share payable June 15, 1968, to stockholders of record on May 6, 1968. The 30 cent dividend applies lo shares of the company's stock outstanding out-standing on May 6, immediately immed-iately prior to the effectiveness effective-ness of the.three-for-one stock split which was approved at the annual meeting of stockholders stock-holders held April 25. This dividend on pre-split shares is equivalent to 10 cents per share and is triple the quarterly quar-terly dividend paid in recent years.