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Show V PENNEY COMPANY PAYS"""28 EXTRA DIVIDEND At a meeting of the Board of Directors Di-rectors held Jenuary 9th, the J. C. Penney Company declared an extra dividend of $1.00 per share on the Common Stock, payable January 30, 1934, to stockholders of record as of January 20, 1934, said M. L. Baird, local manager. This dividend was authorized because be-cause the generally upward trend in business conditions has been substantially reflected in the Company's Com-pany's operation during the second half of 1933, and because of the present strong financial position of the Company. o |